Quinn P. Fanning - Oct 1, 2021 Form 3 Insider Report for EXPRO GROUP HOLDINGS N.V. (XPRO)

Role
Chief Financial Officer
Signature
/s/ John McAlister, as Attorney-in-Fact
Stock symbol
XPRO
Transactions as of
Oct 1, 2021
Transactions value $
$0
Form type
3
Date filed
10/4/2021, 07:19 PM
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding XPRO Common Stock, nominal value Euro0.06 8.99K Oct 1, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding XPRO Stock Option (right to buy) Oct 1, 2021 Common Stock 484K $17.74 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of a right to receive 8,985 shares of common stock, nominal value Euro0.06, of the Issuer ("Common Stock") as soon as reasonable practicable following the Effective Time (as defined in that certain Agreement and Plan of Merger between the Issuer, New Eagle Holdings Limited and Expro Group Holdings International Limited, dated March 10, 2021 (the "Merger Agreement")) as a result of the acceleration and cancellation of 7,413 restricted stock units of Expro Group Holdings International Limited upon the consummation of the transactions contemplated by the Merger Agreement.
F2 Represents stock options to purchase 483,993 shares of Common Stock received by the Reporting Person upon assumption and adjustment of 399,335 stock options of Expro Group Holdings International Limited upon the consummation of the transactions contemplated by the Merger Agreement. 60,499 of the stock options are vested and the remaining 423,494 stock options will vest as follows: (i) 60,499 will vest in equal installments on each of 10/01/2022 and 10/01/2023 and (ii) 362,995 will vest upon satisfaction of internal rate of return thresholds.

Remarks:

Exhibit 24.1 - Power of Attorney