Arunava Mitra - 18 Jan 2025 Form 4 Insider Report for Weatherford International plc (WFRD)

Role
EVP and CFO
Signature
Kathy Medford by Power of Attorney
Issuer symbol
WFRD
Transactions as of
18 Jan 2025
Net transactions value
-$212,055
Form type
4
Filing time
22 Jan 2025, 17:11:04 UTC
Previous filing
03 Jan 2025
Next filing
10 Feb 2025
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 +4,306 +16% $0.000000 30,963 18 Jan 2025 Direct F1
transaction WFRD Ordinary Shares Options Exercise $0 +2,975 +9.6% $0.000000 33,938 18 Jan 2025 Direct F2
transaction WFRD Ordinary Shares Tax liability $212,055 -2,866 -8.4% $73.99 31,072 18 Jan 2025 Direct F3

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 -4,306 -50% $0.000000 4,306 18 Jan 2025 Ordinary Shares 4,306 Direct F1
transaction WFRD Restricted Share Units Options Exercise $0 -2,975 -33% $0.000000 5,949 18 Jan 2025 Ordinary Shares 2,975 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of restricted share units ("RSUs") granted on January 18, 2023 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vest in three equal annual installments over the three-year period following the grant date.
F2 Represents the vesting of RSUs granted on January 18, 2024 pursuant to the 2019 EIP. The RSUs vest in three equal annual installments over the three-year period following the grant date.
F3 Transaction was a withholding of a portion of vested RSUs to satisfy the reporting person's tax obligations upon vesting, pursuant to the 2019 EIP and the relevant award agreements.