John Lewis McAlister - Oct 1, 2021 Form 4 Insider Report for EXPRO GROUP HOLDINGS N.V. (XPRO)

Signature
/s/ John McAlister
Stock symbol
XPRO
Transactions as of
Oct 1, 2021
Transactions value $
-$155,963
Form type
4
Date filed
10/5/2021, 09:41 PM
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPRO Common Stock, nominal value Euro0.06 Award $0 +38.4K +218.44% $0.00 55.9K Oct 1, 2021 Direct F1
transaction XPRO Common Stock, nominal value Euro0.06 Tax liability -$156K -8.25K -14.76% $18.90 47.7K Oct 4, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 38,350 restricted stock units ("RSUs") granted as inducement awards for employment with the Issuer pursuant to NYSE Rule 303A.08. Each RSU represents a contingent right to receive, upon vesting, one share of common stock, nominal value Euro0.06 per share, of the Issuer ("Common Stock"). The RSUs vest as as to one-third on each of February 22, 2023, February 22, 2024 and February 22, 2025.
F2 In connection with the settlement of shares of Common Stock as a result of the acceleration and cancellation of restricted stock units of Expro Group Holdings International Limited upon the consummation of the transactions contemplated by 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 Issuer withheld shares of Common Stock to satisfy tax withholding obligations. The number of shares withheld was based on the closing price per share of Common Stock on October 1, 2021. The withholding of shares of Common Stock was approved by the Board of Directors of the Issuer, and the number of shares indicated in this Form 4 was acquired as treasury stock by the Issuer.