H. Keith Jennings - 18 Jan 2022 Form 4 Insider Report for Weatherford International plc (WFRD)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Jan 2022, 17:49:39 UTC
Prior SEC filing
06 Jan 2022
Next SEC filing
28 Oct 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Jonathan B. Wolens by Power of Attorney

Key filing fact

H. Keith Jennings filed Form 4 for Weatherford International plc (WFRD) on 20 Jan 2022.

Key facts

  • This page summarizes H. Keith Jennings's Form 4 filing for Weatherford International plc (WFRD).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 20 Jan 2022, 17:49.

Change

  • Previous filing in this sequence was filed on 06 Jan 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WFRD transaction Derivative

Restricted Share Units

Award

Transaction value
Shares
+34,025
Change %
Price
Shares after
34,025
Date
18 Jan 2022
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
34,025
Exercise price
Footnotes
F1
WFRD transaction Derivative

2022 Annual Performance Share Units

Award

Transaction value
$0
Shares
+34,025
Change %
Price
$0.000000
Shares after
34,025
Date
18 Jan 2022
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
34,025
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents restricted share units ("RSUs") granted on January 18, 2022 pursuant to the Issuer's Second Amended and Restated 2019 Equity Incentive Plan (the "2019 EIP"). The RSUs vest in three equal installments annually over the three-year period from the date of grant.

Footnote F2

Represents performance share units ("PSUs") granted on January 18, 2022 under the 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 the performance goals at the end of the performance period. The PSUs vest based on actual performance at the end of the performance period, which is the Issuer's three fiscal years beginning on January 1, 2022 and ending December 31, 2024.

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