Scott C. Weatherholt - 25 Feb 2022 Form 4 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: 25 Feb 2022
Net transactions value: -$18,509
Form type: 4
Filing time: 01 Mar 2022, 15:33:31 UTC
Previous filing: 20 Jan 2022
Next filing: 06 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WFRD	Ordinary Shares	Options Exercise	$0	+1,696	+6.4%	$0.000000	28,353	25 Feb 2022	Direct	F1
transaction	WFRD	Ordinary Shares	Tax liability	$18,509	-667	-2.4%	$27.75	27,686	25 Feb 2022	Direct	F2

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	WFRD	Restricted Share Units	Options Exercise	$0	-1,696	-50%	$0.000000	1,696	25 Feb 2022	Ordinary Shares	1,696		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the vesting of the first installment of restricted share units ("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.
F2	Transaction was a withholding of a portion of vested RSUs to satisfy the reporting person's tax withholding obligations upon vesting, pursuant to the award agreement and the Issuer's Second Amended and Restated Equity Incentive Plan under which the award was granted.