Desmond J. Mills - Jul 25, 2022 Form 4 Insider Report for Weatherford International plc (WFRD)

Role: SVP & Chief Accounting Officer
Signature: Jonathan B. Wolens by Power of Attorney
Stock symbol: WFRD
Transactions as of: Jul 25, 2022
Transactions value $: $0
Form type: 4
Date filed: 7/27/2022, 05:43 PM
Previous filing: Apr 19, 2022
Next filing: Jan 20, 2023

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	2021 Program Performance Share Units	Award	$0	+5K	+29.24%	$0.00	22.1K	Jul 25, 2022	2021 Program Performance Share Units	5K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents performance share units ("PSUs") granted on July 25, 2022 under the Weatherford Accelerating Growth & Efficiency Program of the Second Amended and Restated 2019 Equity Incentive Plan. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 100% 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 years beginning on January 1, 2022 ending December 31, 2024.

Content

Represents performance share units ("PSUs") granted on July 25, 2022 under the Weatherford Accelerating Growth & Efficiency Program of the Second Amended and Restated 2019 Equity Incentive Plan. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 100% 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 years beginning on January 1, 2022 ending December 31, 2024.