4//SEC Filing
Etta Ozong E 4
Accession 0001209191-18-013468
CIK 0001575828other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 5:27 PM ET
Size
9.6 KB
Accession
0001209191-18-013468
Insider Transaction Report
Form 4
Etta Ozong E
See Remarks
Transactions
- Exercise/Conversion
Restricted Stock Unit
2018-02-23−2,900→ 15,636 total→ Common Stock (2,900 underlying) - Exercise/Conversion
Common stock, par value Euro 0.01 per share
2018-02-23+2,900→ 5,955 total - Tax Payment
Common stock, par value Euro 0.01 per share
2018-02-23$6.18/sh−860$5,315→ 5,095 total
Footnotes (4)
- [F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- [F2]In connection with the vesting of shares of RSUs pursuant to the Frank's International N.V. 2013 Long-Term Incentive Plan, Frank's International N.V. (the "Issuer") withheld vested shares to satisfy tax withholding obligations. The number of vested shares withheld was based on the closing price per share on February 22, 2018. The withholding of vested shares pursuant to this award was approved by the Board of Supervisory Directors of the Issuer, and the number of shares indicated in this Form 4 was acquired as treasury stock by the Issuer.
- [F3]On May 11, 2016, the reporting person was granted 8,700 RSUs, vesting ratably in three annual installments beginning on February 23, 2017.
- [F4]Consists of (i) 9,600 RSUs that will vest ratably in three annual installments beginning on February 19, 2019, (ii) 3,136 RSUs that will vest 50% on February 20, 2019 and 50% on February 20, 2020, and (iii) 2,900 RSUs that will vest on February 23, 2019.
Documents
Issuer
FRANK'S INTERNATIONAL N.V.
CIK 0001575828
Entity typeother
Related Parties
1- filerCIK 0001656256
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 5:27 PM ET
- Size
- 9.6 KB