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4//SEC Filing

ROBERTSON JULIE J 4

Accession 0001209191-20-042084

CIK 0001458891other

Filed

Jul 8, 8:00 PM ET

Accepted

Jul 9, 9:51 PM ET

Size

8.8 KB

Accession

0001209191-20-042084

Insider Transaction Report

Form 4
Period: 2020-07-07
ROBERTSON JULIE J
Exec.VP & Corp. Sec.
Transactions
  • Disposition to Issuer

    Performance Vested Restricted Stock Units

    2020-07-07$0.93/sh1,403,584$1,305,3330 total
    Exercise: $0.00Shares (1,403,584 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2020-07-07$0.91/sh574,194$522,5170 total
    Exercise: $0.00Shares (574,194 underlying)
Footnotes (4)
  • [F1]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 (2020-2022) relative to a specified peer group.
  • [F2]Ms. Robertson's right to receive a cash payment of $652,667 under the approved modifications to the Company's overall compensation program, which modifications were disclosed in the Company's Current Report on Form 8-K filed on July 2, 2020, was subject to the forfeiture of these performance vested restricted stock units.
  • [F3]The restricted stock units vest and settle in three equal annual installments beginning on the first anniversary of the grant date.
  • [F4]Ms. Robertson's right to receive a cash payment of $522,517 under the approved modifications to the Company's overall compensation program, which modifications were disclosed in the Company's Current Report on Form 8-K filed on July 2, 2020, was subject to the forfeiture of these restricted stock units.

Issuer

Noble Corp plc

CIK 0001458891

Entity typeother

Related Parties

1
  • filerCIK 0001214243

Filing Metadata

Form type
4
Filed
Jul 8, 8:00 PM ET
Accepted
Jul 9, 9:51 PM ET
Size
8.8 KB