Scott C. Weatherholt - 04 Jan 2023 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
04 Jan 2023
Net transactions value
$0
Form type
4
Filing time
06 Jan 2023, 17:24:27 UTC
Previous filing
01 Mar 2022
Next filing
20 Jan 2023
SEC
View on sec.gov

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Quoteable Key Fact

"Scott C. Weatherholt filed Form 4 for Weatherford International plc (WFRD) on 06 Jan 2023."

Quick Takeaways

  • This page summarizes Scott C. Weatherholt's Form 4 filing for Weatherford International plc (WFRD).
  • 3 reported transactions and 1 derivative row are listed below.
  • Filing timestamp: 06 Jan 2023, 17:24.

What Changed

  • Previous filing in this sequence was filed on 01 Mar 2022.
  • 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

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WFRD Ordinary Shares Options Exercise $0 +35,585 +129% $0.000000 63,271 04 Jan 2023 Direct F1
transaction WFRD Ordinary Shares Tax liability $0 -14,174 -22% $0.000000 49,097 04 Jan 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 -35,585 -100% $0.000000* 0 04 Jan 2023 Ordinary Shares 35,585 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.

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