Weatherford International plc 4
4 · Weatherford International plc · Filed Jan 29, 2015
Insider Transaction Report
Form 4
Marklinger Lance R
President - Eastern Hemisphere
Transactions
- Award
Performance Units
2015-01-27+84,746→ 84,746 total→ Ordinary Shares - Award
Ordinary Shares
2015-01-27+62,444→ 234,189 total
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 January 27, 2016, 2017 and 2018.
- [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 January 27, 2016, 2017 and 2018. The conversion ratio applied to these performance units will be determined based on the increase in the issuer's share price at the end of each year of the performance period (fiscal years 2015-2017).