David John Reed - 18 Jan 2025 Form 4 Insider Report for Weatherford International plc (WFRD)

Role: EVP, Chief Commercial Officer
Signature: Kathy Medford by Power of Attorney
Issuer symbol: WFRD
Transactions as of: 18 Jan 2025
Net transactions value: -$146,944
Form type: 4
Filing time: 22 Jan 2025, 17:12:42 UTC
Previous filing: 08 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	+2,824	+25%	$0.000000	13,933	18 Jan 2025	Direct	F1
transaction	WFRD	Ordinary Shares	Options Exercise	$0	+1,491	+11%	$0.000000	15,424	18 Jan 2025	Direct	F2
transaction	WFRD	Ordinary Shares	Options Exercise	$0	+727	+4.7%	$0.000000	16,151	18 Jan 2025	Direct	F3
transaction	WFRD	Ordinary Shares	Tax liability	$146,944	-1,986	-12%	$73.99	14,165	18 Jan 2025	Direct	F4

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	-2,824	-100%	$0.000000	0	18 Jan 2025	Ordinary Shares	2,824		Direct	F1
transaction	WFRD	Restricted Share Units	Options Exercise	$0	-1,491	-50%	$0.000000	1,491	18 Jan 2025	Ordinary Shares	1,491		Direct	F2
transaction	WFRD	Restricted Share Units	Options Exercise	$0	-727	-33%	$0.000000	1,452	18 Jan 2025	Ordinary Shares	727		Direct	F3

* 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, 2022 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vested in three equal annual installments over the three-year period following the grant date.
F2	Represents the vesting of RSUs granted on January 18, 2023 pursuant to the 2019 EIP. The RSUs vest in three equal annual installments over the three-year period following the grant date.
F3	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.
F4	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.