Scott C. Weatherholt - 25 Feb 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: 25 Feb 2023
Net transactions value: -$43,268
Form type: 4
Filing time: 28 Feb 2023, 17:07:40 UTC
Previous filing: 17 Feb 2023
Next filing: 22 Jan 2024
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	+1.1%	$0.000000	159,696	25 Feb 2023	Direct	F1
transaction	WFRD	Ordinary Shares	Tax liability	$43,268	-667	-0.42%	$64.87	159,029	25 Feb 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	-1,696	-100%	$0.000000^*	0	25 Feb 2023	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 last installment of restricted share units ("RSUs") granted on February 25, 2021 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated. The RSUs vested 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.