ROBERTSON JULIE J 4

4 · Noble Corp plc · Filed Jul 9, 2020

Form 4

Period: 2020-07-07

Exec.VP & Corp. Sec.

Transactions

Disposition to Issuer
Performance Vested Restricted Stock Units
2020-07-07$0.93/sh−1,403,584$1,305,333→ 0 total
Exercise: $0.00→ Shares (1,403,584 underlying)
Disposition to Issuer
Restricted Stock Units
2020-07-07$0.91/sh−574,194$522,517→ 0 total
Exercise: $0.00→ Shares (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.

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