Blake Denton - 03 Feb 2024 Form 4 Insider Report for Noble Corp plc (NE)

Role
SVP, Marketing & Contracts
Signature
/s/ Jennie Howard, as attorney-in-fact
Issuer symbol
NE
Transactions as of
03 Feb 2024
Transactions value $
-$3,156,646
Form type
4
Filing time
06 Feb 2024, 19:51:08 UTC
Previous filing
30 Jan 2024
Next filing
13 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NE A Ordinary Shares Options Exercise +5,663 5,663 03 Feb 2024 Direct F1
transaction NE A Ordinary Shares Tax liability -$96,404 -2,229 -39.36% $43.25 3,434 03 Feb 2024 Direct F2
transaction NE A Ordinary Shares Options Exercise +3,644 +1.06% 7,078 03 Feb 2024 Direct F1
transaction NE A Ordinary Shares Tax liability -$62,020 -1,434 -20.26% $43.25 5,644 03 Feb 2024 Direct F2
transaction NE A Ordinary Shares Options Exercise +20,534 +3.64% 26,178 05 Feb 2024 Direct F1
transaction NE A Ordinary Shares Tax liability -$347,159 -8,081 -30.87% $42.96 18,097 05 Feb 2024 Direct F2
transaction NE A Ordinary Shares Options Exercise +156,821 +8.67% 174,918 05 Feb 2024 Direct F1, F3
transaction NE A Ordinary Shares Tax liability -$2,651,061 -61,710 -35.28% $42.96 113,208 05 Feb 2024 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 NE Restricted Stock Units Options Exercise $0 -5,663 -10.55% $0 47,998 03 Feb 2024 A Ordinary Shares 5,663 Direct F1, F4
transaction NE Restricted Stock Units Options Exercise $0 -3,644 -7.59% $0 44,354 03 Feb 2024 A Ordinary Shares 3,644 Direct F1, F5
transaction NE Restricted Stock Units Options Exercise $0 -20,534 -46.3% $0 23,820 05 Feb 2024 A Ordinary Shares 20,534 Direct F1, F6
transaction NE Peformance Vested Restricted Stock Units Options Exercise $0 -159,390 -77.73% $0 45,655 05 Feb 2024 A Ordinary Shares 159,390 Direct F1, F7, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit (RSU) represents a contingent right to receive one Class A Ordinary Share.
F2 Shares withheld by Issuer to satisfy tax withholding requirements on vesting of RSUs.
F3 Based upon a weighted 169.72% achievement level of the performance metrics, the Reporting Person is receiving 156,821 of the below maximum 159,390 Class A Ordinary Shares based on the performance RSUs granted on February 5, 2021.
F4 The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, which was February 3, 2022.
F5 The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, which was February 3, 2023.
F6 The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, which was February 5, 2021.
F7 The number of units shown represents the total number of shares that could have been earned for the 2021 grant of performance-vested RSUs, which is equal to actual results for previously determined metrics and the maximum number of shares that can be earned for undetermined metrics.
F8 Vesting for performance-vested RSUs occurs upon the company achieving certain metrics over a three-year performance cycle (2021-2023 for grants in 2021 and 2022-2024 for grants in 2022).
F9 The number of units shown represents the total number of shares that could be earned for the 2022 grant of performance-vested RSUs based on (a) actual results for all previously determined metrics; and (b) the maximum number of shares that can be earned for undetermined metrics.