Weatherford International Ltd./Switzerland 4
4 · Weatherford International Ltd./Switzerland · Filed Mar 3, 2014
Insider Transaction Report
Form 4
Mehta Dharmesh
VP Production Systems
Transactions
- Award
Registered Shares
2014-02-27+92,138→ 551,187 total - Award
Performance Units
2014-02-27+92,138→ 92,138 total→ Registered Shares
Holdings
- 4,361(indirect: By 401(k))
Registered Shares
Footnotes (2)
- [F1]Transaction was a grant of restricted share units and therefore has no price. Units are scheduled to vest in equal increments on each of February 27, 2015, 2016 and 2017.
- [F2]Each performance unit represents a contingent right to receive 0 to 2 shares. Units are scheduled to vest in equal increments on each of February 27, 2015, 2016 and 2017. The conversion ratio ultimately applied to these performance units will be determined based on the increase in the issuer's share price over the performance period (fiscal years 2014-2016).