Steven J. Russell - Jun 21, 2024 Form 4 Insider Report for EXPRO GROUP HOLDINGS N.V. (XPRO)

Signature
/s/ Josh Hancock, as Attorney-in-Fact
Stock symbol
XPRO
Transactions as of
Jun 21, 2024
Transactions value $
-$345,095
Form type
4
Date filed
6/25/2024, 04:20 PM
Previous filing
Jun 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPRO Common Stock, nominal value Euro0.06 Sale -$345K -15K -15.02% $23.01 84.9K Jun 21, 2024 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 Adoption date of referenced 10b5-1(c) plan is: 03-04-2024
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 to $23.06, 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 (i) 11,079 restricted stock units ("RSUs") that will vest on February 22, 2025, (ii) 21,612 RSUs that will vest ratably in three annual installments beginning on February 22, 2025, and (iii) 11,756 RSUs that will vest 50% on February 24, 2025 and 50% on February 24, 2026.