Benjamin Duster - 04 Jan 2022 Form 4 Insider Report for Weatherford International plc (WFRD)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
06 Jan 2022, 15:22:55 UTC
Prior SEC filing
23 Jul 2021
Next SEC filing
20 Jan 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Jonathan B. Wolens by Power of Attorney

Key filing fact

Benjamin Duster filed Form 4 for Weatherford International plc (WFRD) on 06 Jan 2022.

Key facts

  • This page summarizes Benjamin Duster's Form 4 filing for Weatherford International plc (WFRD).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 06 Jan 2022, 15:22.

Change

  • Previous filing in this sequence was filed on 23 Jul 2021.
  • Current net transaction value: -$490,398.

Research use

  • 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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WFRD transaction

Ordinary Shares

Options Exercise

Transaction value
$0
Shares
+47,506
Change %
Price
$0.000000
Shares after
47,506
Date
04 Jan 2022
Ownership
Direct
Footnotes
F1
WFRD transaction

Ordinary Shares

Disposed to Issuer

Transaction value
$490,398
Shares
-17,577
Change %
-37%
Price
$27.90
Shares after
29,929
Date
04 Jan 2022
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WFRD transaction Derivative

Restricted Share Units

Options Exercise

Transaction value
$0
Shares
-47,506
Change %
-100%
Price
$0.000000*
Shares after
0
Date
04 Jan 2022
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
47,506
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents the vesting of 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 on the first anniversary of the date of grant.

Footnote F2

At the election of the Committee administering the 2019 EIP, the vesting of the RSUs was settled partially in stock and partially in cash. Represents the deemed disposition of the ordinary shares underlying the portion of vested RSUs settled in cash.

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