Girish Saligram - 21 Feb 2024 Form 4 Insider Report for Weatherford International plc (WFRD)

Signature
Christine M. Morrison by Power of Attorney
Issuer symbol
WFRD
Transactions as of
21 Feb 2024
Net transactions value
-$6,214,136
Form type
4
Filing time
23 Feb 2024, 17:05:25 UTC
Previous filing
22 Jan 2024
Next filing
03 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WFRD Ordinary Shares Sale $877,829 -8,603 -4.2% $102.04 198,292 21 Feb 2024 Trust F1, F2, F3
transaction WFRD Ordinary Shares Sale $2,340,142 -22,677 -11% $103.19 175,615 21 Feb 2024 Trust F3, F4
transaction WFRD Ordinary Shares Sale $2,104,638 -20,213 -12% $104.12 155,402 21 Feb 2024 Trust F3, F5
transaction WFRD Ordinary Shares Sale $891,528 -8,507 -5.5% $104.80 146,895 21 Feb 2024 Trust F3, F6
transaction WFRD Ordinary Shares Gift $0 -12,000 -8.2% $0.000000 134,895 21 Feb 2024 Trust F3, F7
transaction WFRD Ordinary Shares Other $0 -10,000 -7.4% $0.000000 124,895 21 Feb 2024 Trust F3, F8
holding WFRD Ordinary Shares 52,105 21 Feb 2024 Spousal Trust F9
holding WFRD Ordinary Shares 680,731 21 Feb 2024 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.6575 to $102.62, inclusive. Details on the number of shares sold at each separate price will be provided to the staff of the Securities and Exchange Commission upon request.
F2 Includes 124,000 shares previously reported as directly owned.
F3 Held in a trust, of which the reporting person and his spouse are the grantors, trustees and beneficiaries.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.65 to $103.64, inclusive. Details on the number of shares sold at each separate price will be provided to the staff of the Securities and Exchange Commission upon request.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.65 to $104.645, inclusive. Details on the number of shares sold at each separate price will be provided to the staff of the Securities and Exchange Commission upon request.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.65 to $105.21, inclusive. Details on the number of shares sold at each separate price will be provided to the staff of the Securities and Exchange Commission upon request.
F7 Represents shares that the reporting person donated as a gift to the American Endowment Foundation FBO Girish Saligram, a donor advised trust.
F8 Represents shares transferred to PKS Spousal Trust u/a/d 09/11/2023, a spousal lifetime access trust, of which the reporting person' spouse is the trustee and beneficiary.
F9 Held in a spousal lifetime access trust, of which the reporting person's spouse is the trustee and beneficiary.
F10 124,000 shares previously reported as directly held by the reporting person were beneficially owned by the Saligram Management Trust u/a/d 02/18/2022. The reporting person and his spouse are the grantors, trustees and beneficiaries of the trust.