Michael Kearney - Aug 10, 2023 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
Aug 10, 2023
Transactions value $
-$603,650
Form type
4
Date filed
8/10/2023, 04:05 PM
Previous filing
Aug 3, 2023
Next filing
Aug 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPRO Common Stock, nominal value Euro0.06 Sale -$604K -25K -32.74% $24.15 51.4K Aug 10, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.41, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F3 Includes 8,056 outstanding restricted stock units ("RSUs") that will vest on June 1, 2024. Each RSU represents a contingent right to receive, upon vesting, one share of common stock, nominal value Euro0.06 per share, of the Issuer.