Michael Kearney - Oct 22, 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 22, 2021
Transactions value $
$0
Form type
4
Date filed
10/22/2021, 04:33 PM
Previous filing
Oct 5, 2021
Next filing
Apr 5, 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 XPRO Restricted Stock Unit Award $0 +196K +141.71% $0.00 334K Oct 22, 2021 Common Stock 196K Direct F1, F2, 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 ("RSU") represents a right to receive one share of common stock, nominal value Euro0.06 per share, of the Issuer ("Common Stock").
F2 Represents the vesting of performance-based RSUs granted on (i) February 19, 2019, which vested at 129.4% achievement, (ii) February 18, 2020, which vested at 109.3% achievement, and (iii) February 22, 2021, which vested at 100% achievement. Settlement of these RSUs is deferred in accordance with the requirements imposed by Section 409A of the Internal Revenue Code of 1986, as amended ("Section 409A") until April 2, 2022.
F3 Also includes 138,043 RSUs, as adjusted to give effect to the 1 for 6 reverse stock split of the Issuer, which became effective on October 1, 2021, that became fully vested on October 1, 2021 for which settlement is deferred in accordance with the requirements imposed by Section 409A until April 2, 2022.