4//SEC Filing
Reed David John 4
Accession 0001603923-25-000011
CIK 0001603923other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:34 PM ET
Size
8.7 KB
Accession
0001603923-25-000011
Insider Transaction Report
Form 4
Reed David John
EVP, Chief Commercial Officer
Transactions
- Exercise/Conversion
Ordinary Shares
2025-01-02+26,377→ 26,377 total - Tax Payment
Ordinary Shares
2025-01-02$72.29/sh−10,506$759,479→ 15,871 total - Exercise/Conversion
2021 Program Performance Share Units
2025-01-02−26,377→ 0 total→ Ordinary Shares (26,377 underlying)
Footnotes (2)
- [F1]Represents the vesting of (i) 21,377 performance share units ("PSUs") granted on November 1, 2021 and (ii) 5,000 PSUs granted on June 30, 2022, 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.
Documents
Issuer
Weatherford International plc
CIK 0001603923
Entity typeother
Related Parties
1- filerCIK 0002008318
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:34 PM ET
- Size
- 8.7 KB