Joey M. Kawaja - Jan 30, 2025 Form 4 Insider Report for Noble Corp plc (NE)

Role
SVP, Operations
Signature
/s/ Jennie Howard, as attorney-in-fact
Stock symbol
NE
Transactions as of
Jan 30, 2025
Transactions value $
-$464,422
Form type
4
Date filed
2/3/2025, 07:42 PM
Previous filing
Jan 28, 2025
Next filing
Feb 5, 2025
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 +36.4K +42.51% 122K Jan 30, 2025 Direct F1, F2
transaction NE A Ordinary Shares Tax liability -$464K -14.3K -11.73% $32.40 108K Jan 30, 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 -45.7K -100% $0.00 0 Jan 30, 2025 A Ordinary Shares 45.7K 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 36,440 of the maximum 45,655 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.