Blake Denton - Feb 3, 2024 Form 4 Insider Report for Noble Corp plc (NE)

Signature
/s/ Jennie Howard, as attorney-in-fact
Stock symbol
NE
Transactions as of
Feb 3, 2024
Transactions value $
-$3,156,646
Form type
4
Date filed
2/6/2024, 07:51 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 +5.66K 5.66K Feb 3, 2024 Direct F1
transaction NE A Ordinary Shares Tax liability -$96.4K -2.23K -39.36% $43.25 3.43K Feb 3, 2024 Direct F2
transaction NE A Ordinary Shares Options Exercise +3.64K +106.12% 7.08K Feb 3, 2024 Direct F1
transaction NE A Ordinary Shares Tax liability -$62K -1.43K -20.26% $43.25 5.64K Feb 3, 2024 Direct F2
transaction NE A Ordinary Shares Options Exercise +20.5K +363.82% 26.2K Feb 5, 2024 Direct F1
transaction NE A Ordinary Shares Tax liability -$347K -8.08K -30.87% $42.96 18.1K Feb 5, 2024 Direct F2
transaction NE A Ordinary Shares Options Exercise +157K +866.56% 175K Feb 5, 2024 Direct F1, F3
transaction NE A Ordinary Shares Tax liability -$2.65M -61.7K -35.28% $42.96 113K 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 -5.66K -10.55% $0.00 48K Feb 3, 2024 A Ordinary Shares 5.66K Direct F1, F4
transaction NE Restricted Stock Units Options Exercise $0 -3.64K -7.59% $0.00 44.4K Feb 3, 2024 A Ordinary Shares 3.64K Direct F1, F5
transaction NE Restricted Stock Units Options Exercise $0 -20.5K -46.3% $0.00 23.8K Feb 5, 2024 A Ordinary Shares 20.5K Direct F1, F6
transaction NE Peformance Vested Restricted Stock Units Options Exercise $0 -159K -77.73% $0.00 45.7K Feb 5, 2024 A Ordinary Shares 159K 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 156,821 of the below maximum 159,390 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.