MICHAEL E. MCMAHON - 01 Oct 2021 Form 4 Insider Report for EXPRO GROUP HOLDINGS N.V. (XPRO)

Role
Director
Signature
/s/ Michael E. McMahon, by Nancy A. Muchmore, as Attorney-in-Fact
Issuer symbol
XPRO
Transactions as of
01 Oct 2021
Net transactions value
$0
Form type
4
Filing time
05 Oct 2021, 19:32:39 UTC
Previous filing
06 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPRO Common Stock, par value Euro 0.06 per share Options Exercise +6,410 +30% 27,669 01 Oct 2021 Direct F1, F2

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 -6,410 -100% $0.000000* 0 01 Oct 2021 Common Stock 6,410 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

MICHAEL E. MCMAHON is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Reflects of the number of shares of common stock, par value Euro 0.06 per share, of the Issuer ("Common Stock") received in connection with the vesting of restricted stock units ("RSUs") and the number of shares of Common Stock beneficially owned, each 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 Board of Supervisory Directors.
F3 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 date of the merger between the Issuer (formerly Franks International N.V.) and Expro Group Holdings International Ltd.).