Marks Scott 4

4 · Noble Corp plc · Filed Feb 25, 2019

Form 4

Period: 2019-02-21

Sr. VP - Engineering

Transactions

Award
Performance Vested Restricted Stock Units
2019-02-21+214,606→ 214,606 total
Exercise: $0.00→ Shares (214,606 underlying)
Award
Restricted Stock Units
2019-02-21+107,303→ 107,303 total
Exercise: $0.00→ Shares (107,303 underlying)
Award
Shares
2019-02-21+41,366→ 240,677 total
Tax Payment
Shares
2019-02-21$3.35/sh−10,073$33,795→ 230,604 total
Disposition to Issuer
Performance Vested Restricted Stock Units
2019-02-21−137,888→ 0 total
Exercise: $0.00→ Shares (137,888 underlying)

Footnotes (5)

[F1]Amount forfeited for payment of tax.
[F2]Each restricted stock unit represents a contingent right to receive one share.
[F3]Represents performance based restricted share units awarded on January 29, 2016 relating to a three-year performance cycle (2016-2018). Based on performance at the end of the performance cycle, 41,366 shares underlying this award vested and 96,522 shares underlying this award were forfeited.
[F4]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.
[F5]The restricted stock units vest and settle in three equal annual installments beginning on the first anniversary of the grant date.

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