4//SEC Filing
Miles Darren C. 4
Accession 0001209191-19-044645
CIK 0001575828other
Filed
Aug 4, 8:00 PM ET
Accepted
Aug 5, 5:39 PM ET
Size
9.6 KB
Accession
0001209191-19-044645
Insider Transaction Report
Form 4
Miles Darren C.
Chief Accting Officer & VP-Tax
Transactions
- Tax Payment
Common stock, par value Euro 0.01 per share
2019-08-03$5.30/sh−1,021$5,411→ 6,350 total - Exercise/Conversion
Common stock, par value Euro 0.01 per share
2019-08-03+4,193→ 7,371 total - Exercise/Conversion
Restricted Stock Unit
2019-08-03−4,193→ 21,736 total→ Common Stock (4,193 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 August 2, 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 August 3, 2017, the reporting person was granted 4,193 RSUs, which vested in full on August 3, 2019.
- [F4]Consists of (i) 10,812 RSUs that will vest ratably in three annual installments beginning on February 19, 2020, (ii) 3,457 RSUs that will vest on February 23, 2020, and (iii) 7,467 RSUs that will vest 50% on February 23, 2020 and 50% on February 23, 2021.
Documents
Issuer
FRANK'S INTERNATIONAL N.V.
CIK 0001575828
Entity typeother
Related Parties
1- filerCIK 0001739874
Filing Metadata
- Form type
- 4
- Filed
- Aug 4, 8:00 PM ET
- Accepted
- Aug 5, 5:39 PM ET
- Size
- 9.6 KB