4//SEC Filing
Lakey Nigel M 4
Accession 0001209191-21-012942
CIK 0001575828other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 7:46 PM ET
Size
9.6 KB
Accession
0001209191-21-012942
Insider Transaction Report
Form 4
Lakey Nigel M
Pres, Tubular & Drilling Tech
Transactions
- Exercise/Conversion
Common stock, par value Euro 0.01 per share
2021-02-18+12,053→ 23,221 total - Exercise/Conversion
Restricted Stock Unit
2021-02-18−12,053→ 37,056 total→ Common Stock (12,053 underlying) - Tax Payment
Common stock, par value Euro 0.01 per share
2021-02-18$3.24/sh−3,574$11,580→ 19,647 total
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 February 18, 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 February 18, 2020, the reporting person was granted 36,157 RSUs vesting ratably in three annual installments beginning on February 18, 2021.
- [F4]Consists of (i) 7,840 RSUs that will vest 50% on February 19, 2021, and 50% on February 19, 2022, (ii) 5,112 RSUs that will vest on June 18, 2021, and (iii) 24,104 RSUs that will vest 50% on February 18, 2022, and 50% on February 18, 2023.
Documents
Issuer
FRANK'S INTERNATIONAL N.V.
CIK 0001575828
Entity typeother
Related Parties
1- filerCIK 0001364508
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 7:46 PM ET
- Size
- 9.6 KB