D. Keith Mosing - Oct 1, 2021 Form 4 Insider Report for EXPRO GROUP HOLDINGS N.V. (XPRO)

Role
Director
Signature
/s/ Josh Hancock, as Attorney-in-Fact
Stock symbol
XPRO
Transactions as of
Oct 1, 2021
Transactions value $
$0
Form type
4
Date filed
10/5/2021, 09:55 PM
Previous filing
Jul 6, 2021
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPRO Common Stock, nominal value Euro0.06 Options Exercise +6.41K +0.87% 741K Oct 1, 2021 Direct F1, F2, F3
transaction XPRO Common Stock, nominal value Euro0.06 Award $0 +8.52K +1.15% $0.00 750K Oct 1, 2021 Direct F4
holding XPRO Common Stock, nominal value Euro0.06 7.06K Oct 1, 2021 Held by Spouse F5
holding XPRO Common Stock, nominal value Euro0.06 97K Oct 1, 2021 Held by Child F5
holding XPRO Common Stock, nominal value Euro0.06 97K Oct 1, 2021 Held by Child F5
holding XPRO Common Stock, nominal value Euro0.06 520K Oct 1, 2021 See footnote F6
holding XPRO Common Stock, nominal value Euro0.06 183K Oct 1, 2021 See footnote F7

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
transaction XPRO Restricted Stock Unit Options Exercise $0 -6.41K -100% $0.00* 0 Oct 1, 2021 Common Stock 6.41K Direct F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the number of shares of common stock, nominal value Euro0.06 per share, of the Issuer ("Common Stock") received in connection with the vesting of restricted stock units ("RSUs"), as adjusted to give effect to the 1 for 6 reverse stock split of the Issuer, which became effective on October 1, 2021.
F2 RSUs convert into Common Stock on a one-for-one basis as annual compensation to the non-employee members of the prior Board of Supervisory Directors.
F3 The number of shares of Common Stock beneficially owned includes 37,331 shares of Common Stock previously reported as directly owned by the By-Pass Corporate Stock Trust u/l/w Janice P. Mosing f/b/o Donald Keith Mosing (the "By-Pass Trust), of which the reporting person is the trustee, as updated to give effect to the 1 for 6 reverse stock split of the Issuer. On January 1, 2020, the By-Pass Trust was terminated and these shares were transferred to the reporting person.
F4 Represents 8,522 RSUs granted under the Expro Group Holdings N.V. Long-Term Incentive Plan, As Amended and Restated as annual compensation to the non-employee members of the Board of Directors of the Issuer. Each RSU represents a contingent right to receive, upon vesting, one share of Common Stock. The RSUs vest on May 1, 2022.
F5 The reporting person's indirect holdings have been updated to give effect to the 1 for 6 reverse stock split of the Issuer, which became effective on October 1, 2021.
F6 The 520,208 shares reported are owned directly by the Donald Keith Mosing Family Partnership Ltd ("DKMFPL"), as updated to give effect to the 1 for 6 reverse stock split of the Issuer, which became effective on October 1, 2021. DKMFPL is controlled by the reporting person, in his capacity as its general partner and trustee of its other general partner, Donald Keith Mosing Revocable Trust.
F7 The 183,410 shares reported are owned directly by the 2015 Mosing Family Delaware Trust f/b/o Keith Mosing, of which the reporting person is the investment advisor, as updated to give effect to the 1 for 6 reverse stock split of the Issuer, which became effective on October 1, 2021. The reporting person disclaims beneficial ownership of the Common Stock owned by the trust, except to the extent of his pecuniary interest therein.
F8 On July 1, 2021, the reporting person was granted 38,462 RSUs, which were adjusted to give effect to the 1 for 6 reverse stock split of the Issuer and vested in full on October 1, 2021 (accelerated vesting due to the closing of the merger between the Issuer (formerly Frank's International N.V.) and Expro Group Holdings International Ltd.).

Remarks:

Exhibit 24.1 - Power of Attorney