Weatherford International plc 4
4 · Weatherford International plc · Filed Jan 26, 2017
Insider Transaction Report
Form 4
Justus Frederico
President - Region Operations
Transactions
- Award
Ordinary Shares
2017-01-24+189,393→ 559,742 total - Award
Performance Units
2017-01-24+189,393→ 189,393 total→ Ordinary Shares (189,393 underlying)
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 24, 2018, 2019 and 2020.
- [F2]Performance units are scheduled to vest in equal increments on each of January 24, 2018, 2019 and 2020. Each performance unit represents a contingent right to receive 0 to 2 shares, based on the achievement of specified increases in share price at the end of each of the 2017-2019 performance periods.