Joey M. Kawaja - Feb 3, 2022 Form 4 Insider Report for Noble Corp (NE)

Role
VP, Operations
Signature
/s/ William E. Turcotte, Attorney-in-Fact
Stock symbol
NE
Transactions as of
Feb 3, 2022
Transactions value $
$0
Form type
4
Date filed
2/7/2022, 03:19 PM
Previous filing
Jun 8, 2021
Next filing
Feb 8, 2022

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 NE Restricted Stock Units Award $0 +17K +27.58% $0.00 78.6K Feb 3, 2022 Shares 17K $0.00 Direct F1, F2
transaction NE Performance Vested Restricted Stock Units Award $0 +51K +27.58% $0.00 236K Feb 3, 2022 Shares 51K $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share.
F2 The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.
F3 The number of units shown represents the maximum number of shares that could be earned, which is equal to 200% of the number of units granted. Vesting occurs upon the company achieving total shareholder return and strategic goals over a three-year performance cycle (2022-2024).