Peakes Adam C 4
4 · Noble Corp plc · Filed Feb 25, 2019
Insider Transaction Report
Form 4
Peakes Adam C
Sr. VP - CFO
Transactions
- Award
Restricted Stock Units
2019-02-21+202,683→ 202,683 totalExercise: $0.00→ Shares (202,683 underlying) - Award
Performance Vested Restricted Stock Units
2019-02-21+405,366→ 405,366 totalExercise: $0.00→ Shares (405,366 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share.
- [F2]Number of units shown represents the maximum number of shares that could be earned, which is equal to 200% of the number of units granted. Vesting occurs upon the company achieving total shareholder return and contract drilling margin goals over a three-year performance cycle (2019-2021) relative to a specified peer group.
- [F3]The restricted stock units vest and settle in three equal annual installments beginning on the first anniversary of the grant date.