Robert W. Eifler - 30 Jan 2025 Form 4 Insider Report for Noble Corp plc (NE)

Signature
/s/ Jennie Howard, as attorney-in-fact
Issuer symbol
NE
Transactions as of
30 Jan 2025
Net transactions value
-$2,365,200
Form type
4
Filing time
03 Feb 2025, 19:42:12 UTC
Previous filing
28 Jan 2025
Next filing
05 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NE A Ordinary Shares Options Exercise +185,513 +17% 1,266,653 30 Jan 2025 Direct F1, F2
transaction NE A Ordinary Shares Tax liability $2,365,200 -73,000 -5.8% $32.40 1,193,653 30 Jan 2025 Direct F3

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 Peformance Vested Restricted Stock Units Options Exercise $0 -232,427 -100% $0.000000 0 30 Jan 2025 A Ordinary Shares 232,427 Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based upon a weighted 143% achievement level of the performance metrics, the Reporting Person is receiving 185,513 of the maximum 232,427 Class A Ordinary Shares based on the performance Restricted Stock Units (RSUs) granted on February 3, 2022.
F2 Each RSU represents a contingent right to receive one Class A Ordinary Share.
F3 Shares withheld by Issuer to satisfy tax withholding requirements on vesting of RSUs.
F4 The number of units shown represents the total number of shares that could have been earned for the 2022 grant of performance-vested RSUs, which is equal to actual results for previously determined metrics and the maximum number of shares that could have been earned for undetermined metrics.
F5 Vesting for performance-vested RSUs granted in 2022 occurs upon the company achieving certain metrics over a three-year performance cycle.