Quinn P. Fanning - Feb 22, 2025 Form 4 Insider Report for EXPRO GROUP HOLDINGS N.V. (XPRO)

Role
Chief Financial Officer
Signature
/s/ Josh Hancock, as Attorney-in-Fact
Stock symbol
XPRO
Transactions as of
Feb 22, 2025
Transactions value $
-$268,840
Form type
4
Date filed
2/25/2025, 01:15 PM
Previous filing
May 16, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPRO Common Stock, nominal value Euro0.06 Award $0 +51.2K +55.16% $0.00 144K Feb 22, 2025 Direct F1
transaction XPRO Common Stock, nominal value Euro0.06 Award $0 +9.68K +6.72% $0.00 154K Feb 22, 2025 Direct F2
transaction XPRO Common Stock, nominal value Euro0.06 Tax liability -$225K -17.2K -11.19% $13.06 137K Feb 22, 2025 Direct F3
transaction XPRO Common Stock, nominal value Euro0.06 Tax liability -$44K -3.37K -2.47% $13.06 133K Feb 24, 2025 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted under the Expro Group Holdings N.V. 2022 Long-Term Incentive Plan. Each RSU represents a contingent right to receive, upon vesting, one share of common stock, nominal value Euro0.06 per share, of the Issuer. The 51,237 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on February 22, 2026.
F2 Represents shares of Common Stock received upon the vesting and settlement of the performance-based restricted stock units ("PRSUs") granted on October 1, 2021, under the Expro Group Holdings N.V. Long-Term Incentive Plan, As Amended and Restated. The PRSUs reported in this filing vested at 21.3% achievement.
F3 In connection with the vesting of shares of RSUs and PRSUs, the Issuer withheld 17,217 vested shares to satisfy tax withholding obligations. The number of vested shares withheld was based on the closing price per share on February 21, 2025. The withholding of vested shares pursuant to this award was approved by the Board of Directors of the Issuer, and the number of shares indicated in this Form 4 was acquired as treasury stock by the Issuer.
F4 In connection with the vesting of shares of RSUs, the Issuer withheld 3,368 vested shares to satisfy tax withholding obligations. The number of vested shares withheld was based on the closing price per share on February 21, 2025. The withholding of vested shares pursuant to this award was approved by the Board of Directors of the Issuer, and the number of shares indicated in this Form 4 was acquired as treasury stock by the Issuer.
F5 Also includes (i) 20,638 RSUs that will vest 50% on February 22, 2026 and 50% on February 22, 2027 and (ii) 8,558 RSUs that will vest on February 24, 2026.