Girish Saligram - Jan 4, 2023 Form 4 Insider Report for Weatherford International plc (WFRD)

Role: President and CEO, Director
Signature: Jonathan B. Wolens by Power of Attorney
Stock symbol: WFRD
Transactions as of: Jan 4, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/6/2023, 05:24 PM
Previous filing: Oct 13, 2022
Next filing: Jan 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WFRD	Ordinary Shares	Options Exercise	$0	+125K	+50.61%	$0.00	372K	Jan 4, 2023	Direct	F1
transaction	WFRD	Ordinary Shares	Tax liability	$0	-49.3K	-13.27%	$0.00	322K	Jan 4, 2023	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	-125K	-100%	$0.00^*	0	Jan 4, 2023	Ordinary Shares	125K		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 last installment 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 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 associated equity incentive plan under which the award was granted.