Mills Desmond J 4
4 · Weatherford International plc · Filed Feb 10, 2025
Insider Transaction Report
Form 4
Mills Desmond J
SVP & Chief Accounting Officer
Transactions
- Sale
Ordinary Shares
2025-02-07$68.03/sh−9,682$658,688→ 17,899 total - Exercise/Conversion
Ordinary Shares
2025-02-06+10,254→ 41,359 total - Tax Payment
Ordinary Shares
2025-02-06$65.36/sh−4,035$263,728→ 37,324 total - Sale
Ordinary Shares
2025-02-07$67.00/sh−9,743$652,781→ 27,581 total - Exercise/Conversion
2022 Annual Performance Share Units
2025-02-06−10,254→ 0 total→ Ordinary Shares (10,254 underlying)
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 2019 EIP and the relevant award agreements.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.71 to $67.63. Details on the number of shares sold at each separate price will be provided to the staff of the Securities and Exchange Commission upon request.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.74 to $68.03217. Details on the number of shares sold at each separate price will be provided to the staff of the Securities and Exchange Commission upon request.