Mills Desmond J 4
4 · Weatherford International plc · Filed Mar 11, 2025
Insider Transaction Report
Form 4
Mills Desmond J
SVP & Chief Accounting Officer
Transactions
- Award
2025 Performance Share Units
2025-03-07+5,115→ 5,115 total→ Ordinary Shares (5,115 underlying) - Award
2025 Restricted Share Units
2025-03-07+5,115→ 5,115 total→ Ordinary Shares (5,115 underlying)
Footnotes (2)
- [F1]Represents restricted share units ("RSUs") granted on March 7, 2025 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vest in three equal annual installments over the three-year period following the grant date.
- [F2]Represents performance share units ("PSUs") granted on March 7, 2025 under the 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of the target award depending on the actual achievement of the performance goals at the end of the performance period. The PSUs vest based on actual performance during the Issuer's three fiscal years beginning on January 1, 2025 and ending December 31, 2027.