4//SEC Filing
Saligram Girish 4
Accession 0001603923-25-000009
CIK 0001603923other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:32 PM ET
Size
17.8 KB
Accession
0001603923-25-000009
Insider Transaction Report
Form 4
Saligram Girish
DirectorPresident and CEO
Transactions
- Exercise/Conversion
2021 Program Performance Share Units
2025-01-02−237,529→ 0 total→ Ordinary Shares (237,529 underlying) - Exercise/Conversion
Ordinary Shares
2025-01-02+237,529→ 238,335 total - Tax Payment
Ordinary Shares
2025-01-02$72.29/sh−93,594$6,765,910→ 144,741 total
Holdings
- 804,820(indirect: By Trust)
Ordinary Shares
- 52,105(indirect: By Trust)
Ordinary Shares
Footnotes (5)
- [F1]Represents the vesting of performance share units ("PSUs") granted on November 1, 2021 under the 2021 Weatherford Accelerating Growth & Efficiency ("WAGE") Program under the Issuer's 2019 Equity Incentive Plan, as amended (the "Plan"). The award 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.
- [F3]Includes 679,925 ordinary shares previously reported as directly owned by the reporting person.
- [F4]Held in a trust, of which the reporting person and his spouse are the grantors, trustees and beneficiaries.
- [F5]Held in a spousal lifetime access trust, of which the reporting person's spouse is the trustee and beneficiary.
Issuer
Weatherford International plc
CIK 0001603923
Entity typeother
Related Parties
1- filerCIK 0001682885
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:32 PM ET
- Size
- 17.8 KB