Glance Todd 4
4 · Weatherford International plc · Filed Mar 11, 2025
Insider Transaction Report
Form 4
Glance Todd
EVP of Customer Delivery
Transactions
- Award
2025 Restricted Share Units
2025-03-07+5,159→ 5,159 total→ Ordinary Shares (5,159 underlying) - Award
2025 Performance Share Units
2025-03-07+7,739→ 7,739 total→ Ordinary Shares (7,739 underlying)
Holdings
- 2,795
2024 Annual Performance Share Units
→ Ordinary Shares (2,795 underlying)
Footnotes (3)
- [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.
- [F3]Holding was granted in August, 2024, and was previously reported as having the potential to vest at up to 200%; however, the maximum vesting for this award is 100%.