Weatherford International plc 4
4 · Weatherford International plc · Filed Sep 24, 2015
Insider Transaction Report
Form 4
DUROC-DANNER BERNARD J
DirectorChairman, Pres and CEO
Transactions
- Sale
Ordinary Shares
2015-09-22$9.15/sh−610,482$5,584,934→ 1,757,077 total - Exercise/Conversion
Ordinary Shares
2015-09-22$5.94/sh+785,352$4,666,954→ 2,367,559 total - Exercise/Conversion
Option (Right to Buy)
2015-09-22−785,352→ 0 totalExercise: $5.94From: 2005-09-26Exp: 2015-09-25→ Ordinary Shares (785,352 underlying)
Holdings
- 22,309(indirect: By 401(k))
Ordinary Shares
- 180,824(indirect: By Partnership)
Ordinary Shares
Footnotes (2)
- [F1]The stock option exercise reported in this Form 4 was effected pursuant to a pre-determined Rule 10b5-1 trading plan adopted by the Reporting Person on May 27, 2015. The sale was made to cover his income tax obligations and the option exercise price.
- [F2]The price reported in column 4 is an average price. The shares were purchased in multiple transactions at prices ranging from $8.855 to $9.35. The Reporting Person undertakes to provide to the SEC, the Issuer or any shareholder of the Issuer, upon request, information regarding the number of shares sold at each separate price within the range set forth in this footnote.