4//SEC Filing
Symington John 4
Accession 0001209191-19-038892
CIK 0001575828other
Filed
Jun 24, 8:00 PM ET
Accepted
Jun 25, 4:02 PM ET
Size
9.6 KB
Accession
0001209191-19-038892
Insider Transaction Report
Form 4
Symington John
SVP, GC, Sec. & CCO
Transactions
- Exercise/Conversion
Common stock, par value Euro 0.01 per share
2019-06-25+8,165→ 8,165 total - Tax Payment
Common stock, par value Euro 0.01 per share
2019-06-25$5.16/sh−1,989$10,263→ 6,176 total - Exercise/Conversion
Restricted Stock Unit
2019-06-25−8,165→ 46,681 total→ Common Stock (8,165 underlying)
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 June 24, 2019. 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 June 25, 2018, the reporting person was granted 24,497 RSUs vesting ratably in three annual installments beginning on June 25, 2019.
- [F4]Consists of (i) 30,349 RSUs that will vest ratably in three annual installments beginning on February 19, 2020 and (ii) 16,332 RSUs that will vest 50% on June 25, 2020 and 50% on June 25, 2021.
Documents
Issuer
FRANK'S INTERNATIONAL N.V.
CIK 0001575828
Entity typeother
Related Parties
1- filerCIK 0001744552
Filing Metadata
- Form type
- 4
- Filed
- Jun 24, 8:00 PM ET
- Accepted
- Jun 25, 4:02 PM ET
- Size
- 9.6 KB