Reed David John 4
4 · Weatherford International plc · Filed Jan 22, 2025
Insider Transaction Report
Form 4
Reed David John
EVP, Chief Commercial Officer
Transactions
- Exercise/Conversion
Ordinary Shares
2025-01-18+1,491→ 15,424 total - Exercise/Conversion
Ordinary Shares
2025-01-18+2,824→ 13,933 total - Exercise/Conversion
Restricted Share Units
2025-01-18−2,824→ 0 total→ Ordinary Shares (2,824 underlying) - Exercise/Conversion
Ordinary Shares
2025-01-18+727→ 16,151 total - Exercise/Conversion
Restricted Share Units
2025-01-18−1,491→ 1,491 total→ Ordinary Shares (1,491 underlying) - Tax Payment
Ordinary Shares
2025-01-18$73.99/sh−1,986$146,944→ 14,165 total - Exercise/Conversion
Restricted Share Units
2025-01-18−727→ 1,452 total→ Ordinary Shares (727 underlying)
Footnotes (4)
- [F1]Represents the vesting of restricted share units ("RSUs") granted on January 18, 2022 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vested in three equal annual installments over the three-year period following the grant date.
- [F2]Represents the vesting of RSUs granted on January 18, 2023 pursuant to the 2019 EIP. The RSUs vest in three equal annual installments over the three-year period following the grant date.
- [F3]Represents the vesting of RSUs granted on January 18, 2024 pursuant to the 2019 EIP. The RSUs vest in three equal annual installments over the three-year period following the grant date.
- [F4]Transaction was a withholding of a portion of vested RSUs to satisfy the reporting person's tax obligations upon vesting, pursuant to the 2019 EIP and the relevant award agreements.