4//SEC Filing
Cestero Alejandro 4
Accession 0001209191-18-013477
CIK 0001575828other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 5:31 PM ET
Size
9.8 KB
Accession
0001209191-18-013477
Insider Transaction Report
Form 4
Cestero Alejandro
See Remarks
Transactions
- Tax Payment
Common stock, par value Euro 0.01 per share
2018-02-23$6.18/sh−1,245$7,694→ 8,398 total - Exercise/Conversion
Restricted Stock Unit
2018-02-23−4,198→ 73,250 total→ Common Stock (4,198 underlying) - Exercise/Conversion
Common stock, par value Euro 0.01 per share
2018-02-23+4,198→ 9,643 total
Footnotes (4)
- [F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- [F2]In connection with the vesting of shares of RSUs pursuant to the Frank's International N.V. 2013 Long-Term Incentive Plan, Frank's International N.V. (the "Issuer") withheld vested shares to satisfy tax withholding obligations. The number of vested shares withheld was based on the closing price per share on February 22, 2018. The withholding of vested shares pursuant to this award was approved by the Board of Supervisory Directors of the Issuer, and the number of shares indicated in this Form 4 was acquired as treasury stock by the Issuer.
- [F3]On February 23, 2016, the reporting person was granted 12,593 RSUs, vesting ratably in three annual installments beginning on February 23, 2017.
- [F4]Consists of (i) 3,363 RSUs that will vest on September 1, 2018, (ii) 9,929 RSUs that will vest in full on December 1, 2018, (iii) 26,100 RSUs that will vest ratably in three annual installments beginning on February 19, 2019, (iv) 8,542 RSUs that will vest 50% on February 20, 2019 and 50% on February 20, 2020, (v) 4,198 RSUs that will vest on February 23, 2019, and (vi) 21,118 RSUs that will vest in full on August 3, 2019.
Documents
Issuer
FRANK'S INTERNATIONAL N.V.
CIK 0001575828
Entity typeother
Related Parties
1- filerCIK 0001468884
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 5:31 PM ET
- Size
- 9.8 KB