Scott C. Weatherholt - Jan 18, 2025 Form 4 Insider Report for Weatherford International plc (WFRD)

Role
EVP, GC & CCO
Signature
Kathy Medford by Power of Attorney
Stock symbol
WFRD
Transactions as of
Jan 18, 2025
Transactions value $
-$379,347
Form type
4
Date filed
1/22/2025, 05:08 PM
Previous filing
Jan 3, 2025
Next filing
Jan 31, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WFRD Ordinary Shares Options Exercise $0 +7.23K +4.47% $0.00 169K Jan 18, 2025 Direct F1
transaction WFRD Ordinary Shares Options Exercise $0 +3.54K +2.1% $0.00 172K Jan 18, 2025 Direct F2
transaction WFRD Ordinary Shares Options Exercise $0 +2.25K +1.31% $0.00 175K Jan 18, 2025 Direct F3
transaction WFRD Ordinary Shares Tax liability -$379K -5.13K -2.94% $73.99 170K Jan 18, 2025 Direct F4

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 WFRD Restricted Share Units Options Exercise $0 -7.23K -100% $0.00 0 Jan 18, 2025 Ordinary Shares 7.23K Direct F1
transaction WFRD Restricted Share Units Options Exercise $0 -3.54K -49.99% $0.00 3.54K Jan 18, 2025 Ordinary Shares 3.54K Direct F2
transaction WFRD Restricted Share Units Options Exercise $0 -2.25K -33.34% $0.00 4.5K Jan 18, 2025 Ordinary Shares 2.25K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted share units ("RSUs") granted on January 18, 2022 pursuant to Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vested in three equal annual installments over the three-year period following the grant date.
F2 Represents RSUs granted on January 18, 2023 pursuant to the 2019 EIP. The RSUs vest in three equal annual installments over the three-year period following the grant date.
F3 Represents RSUs granted on January 18, 2024 pursuant to the 2019 EIP. The RSUs vest in three equal annual installments over the three-year period following the grant date.
F4 Transaction was a withholding of a portion of vested RSUs to satisfy the reporting person's tax obligations upon vesting, pursuant to the 2019 EIP and the relevant award agreements.