Kristin Ruzicka - 22 Jan 2025 Form 3 Insider Report for Weatherford International plc (WFRD)

Signature
Kathy Medford by Power of Attorney
Issuer symbol
WFRD
Transactions as of
22 Jan 2025
Net transactions value
$0
Form type
3
Filing time
31 Jan 2025, 16:36:49 UTC
Next filing
10 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WFRD Ordinary Shares 12,920 22 Jan 2025 Direct

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
holding WFRD Restricted Share Units 22 Jan 2025 Ordinary Shares 1,165 Direct F1
holding WFRD Restricted Share Units 22 Jan 2025 Ordinary Shares 1,561 Direct F2
holding WFRD Restricted Share Units 22 Jan 2025 Ordinary Shares 1,089 Direct F3
holding WFRD 2022 Annual Performance Share Units 22 Jan 2025 Ordinary Shares 4,423 Direct F4
holding WFRD 2023 Annual Performance Share Units 22 Jan 2025 Ordinary Shares 3,495 Direct F5
holding WFRD 2024 Annual Performance Share Units 22 Jan 2025 Ordinary Shares 2,342 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 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 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 Represents RSUs granted on January 18, 2024 pursuant to the 2019 EIP. The RSUs vest in full on the third anniversary of the grant date.
F4 Represents performance share units ("PSUs") granted on January 18, 2022 under 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of target award depending on the actual achievement of certain performance goals during the performance period, which is the Issuer's three fiscal years beginning on January 1, 2022 and ending December 31, 2024.
F5 Represents PSUs granted on January 18, 2023 under 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of target award depending on the actual achievement of certain performance goals during the performance period, which is the Issuer's three fiscal years beginning on January 1, 2023 and ending December 31, 2025.
F6 Represents PSUs granted on January 18, 2024 under 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of target award depending on the actual achievement of certain performance goals during the performance period, which is the Issuer's three fiscal years beginning on January 1, 2024 and ending December 31, 2026.