Robert W. Eifler - Feb 3, 2024 Form 4 Insider Report for Noble Corp plc (NE)

Role
President & CEO, Director
Signature
/s/ Jennie Howard, as attorney-in-fact
Stock symbol
NE
Transactions as of
Feb 3, 2024
Transactions value $
-$25,145,864
Form type
4
Date filed
2/6/2024, 07:50 PM
Previous filing
Jan 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NE A Ordinary Shares Options Exercise +28.8K +17.05% 198K Feb 3, 2024 Direct F1
transaction NE A Ordinary Shares Tax liability -$491K -11.3K -5.73% $43.25 187K Feb 3, 2024 Direct F2
transaction NE A Ordinary Shares Options Exercise +20.9K +11.19% 207K Feb 3, 2024 Direct F1
transaction NE A Ordinary Shares Tax liability -$355K -8.21K -3.96% $43.25 199K Feb 3, 2024 Direct F2
transaction NE A Ordinary Shares Options Exercise +166K +83.53% 366K Feb 5, 2024 Direct F1
transaction NE A Ordinary Shares Tax liability -$2.81M -65.5K -17.91% $42.96 300K Feb 5, 2024 Direct F2
transaction NE A Ordinary Shares Options Exercise +1.27M +423.44% 1.57M Feb 5, 2024 Direct F1, F3
transaction NE A Ordinary Shares Tax liability -$21.5M -500K -31.83% $42.96 1.07M Feb 5, 2024 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 NE Restricted Stock Units Options Exercise $0 -28.8K -8.54% $0.00 309K Feb 3, 2024 A Ordinary Shares 28.8K Direct F1, F4
transaction NE Restricted Stock Units Options Exercise $0 -20.9K -6.76% $0.00 288K Feb 3, 2024 A Ordinary Shares 20.9K Direct F1, F5
transaction NE Restricted Stock Units Options Exercise $0 -166K -57.8% $0.00 122K Feb 5, 2024 A Ordinary Shares 166K Direct F1, F6
transaction NE Peformance Vested Restricted Stock Units Options Exercise $0 -1.29M -84.75% $0.00 232K Feb 5, 2024 A Ordinary Shares 1.29M Direct F1, F7, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit (RSU) represents a contingent right to receive one Class A Ordinary Share.
F2 Shares withheld by Issuer to satisfy tax withholding requirements on vesting of RSUs.
F3 Based upon a weighted 169.72% achievement level of the performance metrics, the Reporting Person is receiving 1,271,036 of the below maximum 1,291,855 Class A Ordinary Shares based on the performance RSUs granted on February 5, 2021.
F4 The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, which was February 3, 2022.
F5 The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, which was February 3, 2023.
F6 The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, which was February 5, 2021.
F7 The number of units shown represents the total number of shares that could have been earned for the 2021 grant of performance-vested RSUs, which is equal to actual results for previously determined metrics and the maximum number of shares that can be earned for undetermined metrics.
F8 Vesting for performance-vested RSUs occurs upon the company achieving certain metrics over a three-year performance cycle (2021-2023 for grants in 2021 and 2022-2024 for grants in 2022).
F9 The number of units shown represents the total number of shares that could be earned for the 2022 grant of performance-vested RSUs based on (a) actual results for all previously determined metrics; and (b) the maximum number of shares that can be earned for undetermined metrics.