Scott C. Weatherholt - 01 Jun 2021 Form 3 Insider Report for Weatherford International plc (WFRD)

Role
EVP, GC & CCO
Signature
Jonathan B. Wolens by Power of Attorney
Issuer symbol
WFRD
Transactions as of
01 Jun 2021
Net transactions value
$0
Form type
3
Filing time
10 Jun 2021, 18:45:18 UTC
Next filing
02 Nov 2021
SEC
View on sec.gov

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Quoteable Key Fact

"Scott C. Weatherholt filed Form 3 for Weatherford International plc (WFRD) on 10 Jun 2021."

Quick Takeaways

  • This page summarizes Scott C. Weatherholt's Form 3 filing for Weatherford International plc (WFRD).
  • 0 reported transactions and 4 derivative rows are listed below.
  • Filing timestamp: 10 Jun 2021, 18:45.

What Changed

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Official SEC Source

Official SEC Source

Ownership activity is grounded in SEC Form 3 disclosures.

See Original Filing

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
holding WFRD Restricted Share Units 01 Jun 2021 Ordinary Shares 71,170 Direct F1
holding WFRD Phantom Restricted Share Units 01 Jun 2021 Ordinary Shares 34,800 Direct F2
holding WFRD Performance Share Units 01 Jun 2021 Ordinary Shares 118,616 Direct F3
holding WFRD Restricted Share Units 01 Jun 2021 Ordinary Shares 3,392 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted share units ("RSUs") granted on January 4, 2021 pursuant to Issuer's Second Amended and Restated 2019 Equity Incentive Plan (the "2019 EIP"). The RSUs vest in two equal installments over the two-year period from the date of grant.
F2 Represents phantom restricted share units granted on January 4, 2021 pursuant to the 2019 EIP. These phantom restricted share units vest in two equal installments over the two-year period from the date of grant and may be settled in cash, ordinary shares or any combination of cash and ordinary shares.
F3 Represents performance share units ("PSUs") granted on January 4, 2021 under the 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of target award depending on the actual achievement of the performance goals at the end of the performance period. The performance period is the Issuer's fiscal year ending December 21, 2022.
F4 Represents RSUs granted on February 25, 2021 pursuant to the 2019 EIP. The RSUs vest in two equal installments over the two-year period from the date of grant.

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