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4//SEC Filing

Symington John 4

Accession 0001209191-20-039374

CIK 0001575828other

Filed

Jun 29, 8:00 PM ET

Accepted

Jun 30, 7:03 AM ET

Size

9.7 KB

Accession

0001209191-20-039374

Insider Transaction Report

Form 4
Period: 2020-06-25
Symington John
SVP, GC, Sec. & CCO
Transactions
  • Exercise/Conversion

    Common stock, par value Euro 0.01 per share

    2020-06-25+8,16621,548 total
  • Tax Payment

    Common stock, par value Euro 0.01 per share

    2020-06-25$2.08/sh3,214$6,68518,244 total
  • Exercise/Conversion

    Restricted Stock Unit

    2020-06-258,16659,329 total
    Common Stock (8,166 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, 2020. 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) 51,653 RSUs that will vest ratably in three annual installments beginning on February 18, 2021, (ii) 20,233 RSUs that will vest 50% on February 19, 2021, and 50% on February 19, 2022, and (ii) 8,166 RSUs that will vest on June 25, 2021.

Issuer

FRANK'S INTERNATIONAL N.V.

CIK 0001575828

Entity typeother

Related Parties

1
  • filerCIK 0001744552

Filing Metadata

Form type
4
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 7:03 AM ET
Size
9.7 KB