Mitra Arunava 4
4 · Weatherford International plc · Filed Jan 3, 2025
Insider Transaction Report
Form 4
Mitra Arunava
EVP and CFO
Transactions
- Tax Payment
Ordinary Shares
2025-01-02$72.29/sh−15,867$1,147,025→ 26,657 total - Exercise/Conversion
2021 Program Performance Share Units
2025-01-02−40,000→ 0 total→ Ordinary Shares (40,000 underlying) - Exercise/Conversion
Ordinary Shares
2025-01-02+40,000→ 42,524 total
Footnotes (2)
- [F1]Represents the vesting of 40,000 performance share units ("PSUs") granted on January 11, 2023 under the 2021 Weatherford Accelerating Growth & Efficiency ("WAGE") Program under the Issuer's 2019 Equity Incentive Plan, as amended (the "Plan"). The awards vested at 100% based on achievement of performance metrics during the three-year performance period which ended on December 31, 2024.
- [F2]Transaction was a withholding of a portion of vested PSUs to satisfy the reporting person's tax obligations upon vesting, pursuant to the Plan, and the relevant award agreement.