Fontana Peter Thomas 4
4 · Weatherford International Ltd./Switzerland · Filed Mar 11, 2013
Insider Transaction Report
Form 4
Fontana Peter Thomas
VP Western Hemisphere
Transactions
- Award
Performance Units
2013-03-07+429,923→ 429,923 total→ Registered Shares
Holdings
- 100,210
Performance Units
→ Registered Shares - 113,064
Performance Units
→ Registered Shares - 100,211
Performance Units
→ Registered Shares
Footnotes (4)
- [F1]Each performance unit represents a contingent right to receive 0 to 2 shares. The conversion ratio ultimately applied to these performance units will be determined based on the absolute increase in the issuer's share price over the performance period (fiscal years 2013-2015). The units are scheduled to vest on January 1, 2016.
- [F2]Each performance unit represents a contingent right to receive 0 to 2.25 shares. The conversion ratio (0, .5, 1.25 or 2.25) ultimately applied to these performance units will be determined based on the company achieving a total shareholder return relative to a specified peer group over the performance period (fiscal years 2012-2014). The units are scheduled to vest on January 1, 2015.
- [F3]Each performance unit represents a contingent right to receive 0 to 2 shares. The conversion ratio ultimately applied to these performance units will be determined based on the absolute increase in the issuer's share price over the performance period (fiscal years 2012-2014). The units are scheduled to vest on January 1, 2015.
- [F4]Each performance unit represents a contingent right to receive 0 to 2.25 registered shares, depending on relative shareholder return over the relevant performance period. Units are scheduled to vest on January 1, 2014.