Weatherford International plc 4
4 · Weatherford International plc · Filed Jan 20, 2016
Insider Transaction Report
Form 4
DUROC-DANNER BERNARD J
DirectorChairman, Pres and CEO
Transactions
- Award
Performance Units
2016-01-18+646,204→ 646,204 total→ Ordinary Shares - Award
Ordinary Shares
2016-01-18+646,204→ 2,412,011 total
Footnotes (2)
- [F1]Transaction was a grant of restricted share units and therefore has no price. Units are scheduled to vest in equal increments on each of January 18, 2017, 2018 and 2019.
- [F2]Performance units are scheduled to vest in equal increments on each of January 18, 2017, 2018 and 2019. Each performance unit represents a contingent right to receive 0 to 2 shares, based on the achievement of specified increases in share price at the end of each of the 2017 to 2019 performance periods.