Steven Beringhause - Jan 18, 2025 Form 4 Insider Report for Weatherford International plc (WFRD)

Role
Director
Signature
Kathy Medford by Power of Attorney
Stock symbol
WFRD
Transactions as of
Jan 18, 2025
Transactions value $
-$20,347
Form type
4
Date filed
1/22/2025, 05:14 PM
Previous filing
Jul 25, 2024
Next filing
Mar 11, 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 +742 $0.00 742 Jan 18, 2025 Direct F1
transaction WFRD Ordinary Shares Disposed to Issuer -$20.3K -275 -37.06% $73.99 467 Jan 18, 2025 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 WFRD Restricted Share Units Options Exercise $0 -742 -100% $0.00 0 Jan 18, 2025 Ordinary Shares 742 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of restricted share units ("RSUs") granted on July 23, 2024 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vested in full on January 18, 2025.
F2 At the election of the Committee administering the 2019 EIP, the vesting of the RSUs was settled partially in stock and partially in cash. Represents the deemed disposition of the ordinary shares underlying the portion of vested RSUs settled in cash.