Mongrain Joseph H 4
4 · Weatherford International plc · Filed Jan 22, 2024
Insider Transaction Report
Form 4
Mongrain Joseph H
EVP and CHRO
Transactions
- Exercise/Conversion
Ordinary Shares
2024-01-18+3,538→ 34,021 total - Exercise/Conversion
Restricted Share Units
2024-01-18−1,631→ 3,260 total→ Ordinary Shares (1,631 underlying) - Exercise/Conversion
Restricted Share Units
2024-01-18−3,538→ 3,538 total→ Ordinary Shares (3,538 underlying) - Exercise/Conversion
Ordinary Shares
2024-01-18+1,631→ 35,652 total - Tax Payment
Ordinary Shares
2024-01-18$94.50/sh−2,124$200,718→ 33,528 total
Footnotes (3)
- [F1]Represents the vesting of restricted share units ("RSUs") granted on January 18, 2022 pursuant to Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vest in three equal installments annually over the three-year period from the date of grant.
- [F2]Represents the vesting of RSUs granted on January 18, 2023 pursuant to the 2019 EIP. The RSUs vest in three equal installments annually over the three-year period from the date of grant.
- [F3]Transaction was a withholding of a portion of vested RSUs to satisfy the reporting person's tax withholding obligations upon vesting, pursuant to the award agreement and associated equity incentive plan under which the award was granted.