Arunava Mitra - 11 Jan 2023 Form 4 Insider Report for Weatherford International plc (WFRD)

Role: EVP and CFO
Signature: Jonathan B. Wolens by Power of Attorney
Issuer symbol: WFRD
Transactions as of: 11 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 13 Jan 2023, 18:04:44 UTC
Previous filing: 03 Jan 2023
Next filing: 20 Jan 2023
SEC: View on sec.gov

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	+40,000		$0.000000	40,000	11 Jan 2023	2021 Program Performance Share Units	40,000		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 January 5, 2023 under 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 January 5, 2023 under 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.