Reed David John 4
4 · Weatherford International plc · Filed Feb 10, 2025
Insider Transaction Report
Form 4
Reed David John
EVP, Chief Commercial Officer
Transactions
- Exercise/Conversion
2022 Annual Performance Share Units
2025-02-06−10,279→ 0 total→ Ordinary Shares (10,279 underlying) - Exercise/Conversion
Ordinary Shares
2025-02-06+10,279→ 24,444 total - Tax Payment
Ordinary Shares
2025-02-06$65.36/sh−4,045$264,381→ 20,399 total
Footnotes (2)
- [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.