4//SEC Filing
Weatherholt Scott C 4
Accession 0001603923-25-000012
CIK 0001603923other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:34 PM ET
Size
15.9 KB
Accession
0001603923-25-000012
Insider Transaction Report
Form 4
Weatherholt Scott C
EVP, GC & CCO
Transactions
- Exercise/Conversion
Ordinary Shares
2025-01-02+60,570→ 185,589 total - Exercise/Conversion
2021 Program Performance Share Units
2025-01-02−60,570→ 0 total→ Ordinary Shares (60,570 underlying) - Tax Payment
Ordinary Shares
2025-01-02$72.29/sh−23,961$1,732,141→ 161,628 total
Footnotes (2)
- [F1]Represents the vesting of 60,570 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 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.
Issuer
Weatherford International plc
CIK 0001603923
Entity typeother
Related Parties
1- filerCIK 0001659429
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:34 PM ET
- Size
- 15.9 KB