Saligram Girish 4
4 · Weatherford International plc · Filed Feb 10, 2025
Insider Transaction Report
Form 4
Saligram Girish
DirectorPresident and CEO
Transactions
- Tax Payment
Ordinary Shares
2025-02-06$65.36/sh−90,794$5,934,296→ 315,349 total - Exercise/Conversion
2022 Annual Performance Share Units
2025-02-06−230,734→ 0 total→ Ordinary Shares (230,734 underlying) - Exercise/Conversion
Ordinary Shares
2025-02-06+230,734→ 406,143 total
Holdings
- 52,105(indirect: By Trust)
Ordinary Shares
- 804,820(indirect: By Trust)
Ordinary Shares
Footnotes (4)
- [F1]Represents the vesting of performance share units ("PSUs") granted on January 18, 2022 under the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The award vested at 182% 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]Held in a spousal lifetime access trust, of which the reporting person's spouse is the trustee and beneficiary.
- [F4]Held in a trust, of which the reporting person and his spouse are the grantors, trustees and beneficiaries.