Oak Hill Advisors Lp - Jun 1, 2023 Form 4 Insider Report for EXPRO GROUP HOLDINGS N.V. (XPRO)

Role
10%+ Owner
Signature
/s/ Oak Hill Advisors, L.P., By: /s/ Gregory S. Rubin, Authorized Signatory
Stock symbol
XPRO
Transactions as of
Jun 1, 2023
Transactions value $
$0
Form type
4
Date filed
6/1/2023, 04:30 PM
Previous filing
Mar 10, 2023
Next filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPRO Common Stock, (euro)0.06 nominal value per share Award +8.06K +35.99% 30.4K Jun 1, 2023 See footnotes F1, F3, F4
transaction XPRO Common Stock, (euro)0.06 nominal value per share Award +8.06K +35.99% 30.4K Jun 1, 2023 See footnotes F2, F3, F4
holding XPRO Common Stock, (euro)0.06 nominal value per share 19.9M Jun 1, 2023 See footnotes F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of a grant of 8,056 restricted stock units under the Expro Group Holdings N.V. 2022 Long-Term Incentive Plan (the "Expro Long-Term Incentive Plan"). The grant was awarded to Mr. Eitan Arbeter ("Mr. Arbeter"), an employee of Oak Hill Advisors, L.P. ("OHA", or the "Reporting Person") and a member of the board of directors of the Issuer, as annual compensation to the non-employee members of the Board of Directors of the Issuer. Each restricted stock unit represents a contingent right to receive, upon vesting, one share of Common Stock (euro)0.06 nominal value per share ("Common Stock") of the Issuer. These restricted stock units will vest on June 1, 2024. Mr. Arbeter has reported or will report this grant on his own Form 4 as well.
F2 Consists of a grant of 8,056 restricted stock units under the Expro Long-Term Incentive Plan. The grant was awarded to Mr. Alan Schrager ("Mr. Schrager"), an employee of OHA and a member of the board of directors of the Issuer, as annual compensation to the non-employee members of the Board of Directors of the Issuer. Each restricted stock unit represents a contingent right to receive, upon vesting, one share of Common Stock of the Issuer. These restricted stock units will vest on June 1, 2024. Mr. Schrager has reported or will report this grant on his own Form 4 as well.
F3 Pursuant to the policies of OHA, the restricted stock units received by Mr. Arbeter and Mr. Schrager are held for the benefit of certain OHA clients.
F4 OHA acts (directly or through an affiliate) as investment adviser to certain funds and client accounts (together, the "Oak Hill Advisory Entities"), with respect to the shares of Common Stock directly held by the Oak Hill Advisory Entities. OHA is a subsidiary business of T. Rowe Price Associates, Inc. ("TRP"). OHA's beneficial ownership does not include any shares that may be beneficially owned by TRP. OHA disclaims beneficial ownership of the shares of Common Stock held by the Oak Hill Advisory Entities beyond its respective pecuniary interest therein, if any, for purposes of Section 16 under the Securities Exchange Act of 1934, as amended.
F5 Reflects securities held by the Oak Hill Advisory Entities.