4//SEC Filing
Parent James C 4
Accession 0001516731-13-000032
CIK 0001453090other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 5:22 PM ET
Size
12.8 KB
Accession
0001516731-13-000032
Insider Transaction Report
Form 4
Parent James C
Vice President - Tax
Transactions
- Award
Registered Shares
2013-03-07+55,890→ 136,581 total - Award
Performance Units
2013-03-07+55,890→ 55,890 total→ Registered Shares
Holdings
- 14,846
Performance Units
→ Registered Shares - 14,846
Performance Units
→ Registered Shares
Footnotes (4)
- [F1]Transaction was a grant of restricted share units and therefore has no price. Units vest ratably on each of March 7, 2014, 2015 and 2016.
- [F2]Each performance unit represents a contingent right to receive 0 to 2 shares. The conversion ratio ultimately applied to these performance units will be determined based on the absolute increase in the issuer's share price over the performance period (fiscal years 2013-2015). The units are scheduled to vest on January 1, 2016.
- [F3]Each performance unit represents a contingent right to receive 0 to 2.25 shares. The conversion ratio (0, .5, 1.25 or 2.25) ultimately applied to these performance units will be determined based on the company achieving a total shareholder return relative to a specified peer group over the performance period (July 1 2012- December 31, 2014). The units are scheduled to vest on January 1, 2015.
- [F4]Each performance unit represents a contingent right to receive 0 to 2 shares. The conversion ratio ultimately applied to these performance units will be determined based on the absolute increase in the issuer's share price over the performance period (July 1, 2012- December 31, 2014). The units are scheduled to vest on January 1, 2015.
Documents
Issuer
Weatherford International Ltd./Switzerland
CIK 0001453090
Entity typeother
Related Parties
1- filerCIK 0001553237
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 5:22 PM ET
- Size
- 12.8 KB