John Symington - 25 Jun 2021 Form 4 Insider Report for FRANK'S INTERNATIONAL N.V. (XPRO)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
28 Jun 2021, 16:05:17 UTC
Next SEC filing
23 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John Symington

Key filing fact

John Symington filed Form 4 for FRANK'S INTERNATIONAL N.V. (XPRO) on 28 Jun 2021.

Key facts

  • This page summarizes John Symington's Form 4 filing for FRANK'S INTERNATIONAL N.V. (XPRO).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 28 Jun 2021, 16:05.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$11,313.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

XPRO transaction

Common stock, par value Euro 0.01 per share

Options Exercise

Transaction value
Shares
+8,166
Change %
+18%
Price
Shares after
52,531
Date
25 Jun 2021
Ownership
Direct
Footnotes
F1
XPRO transaction

Common stock, par value Euro 0.01 per share

Tax liability

Transaction value
$11,313
Shares
-3,214
Change %
-6.1%
Price
$3.52*
Shares after
49,317
Date
25 Jun 2021
Ownership
Direct
Footnotes
F2

Reported derivative securities

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

XPRO transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-8,166
Change %
-5.6%
Price
$0.000000
Shares after
137,558
Date
25 Jun 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,166
Exercise price
Footnotes
F1, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.

Footnote F2

In connection with the vesting of shares of RSUs pursuant to the Frank's International N.V. 2013 Long-Term Incentive Plan, Frank's International N.V. (the "Issuer") withheld vested shares to satisfy tax withholding obligations. The number of vested shares withheld was based on the closing price per share on June 24, 2021. The withholding of vested shares pursuant to this award was approved by the Board of Supervisory Directors of the Issuer, and the number of shares indicated in this Form 4 was acquired as treasury stock by the Issuer.

Footnote F3

On June 25, 2018, the reporting person was granted 24,497 RSUs vesting ratably in three annual installments beginning on June 25, 2019.

Footnote F4

Consists of (i) 93,006 RSUs that will vest ratably in three annual installments beginning on February 22, 2022, (ii) 34,435 RSUs that will vest 50% on February 18, 2022 and 50% on February 18, 2023, and (iii) 10,117 RSUs that will vest on February 19, 2022.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .