SEC Form 4 · accession 0001209191-16-094523
Noble Corp plc · NE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
David W Williams
Officer — Chairman, President and CEO · Director
Period of report
Jan 28, 2016
Accepted (ET)
Feb 1, 2016 · 6:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001458891
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Shares | Jan 28, 2016 | A | 107,753 | $0.00 | A | 565,450 | D | |
| Shares | Jan 29, 2016 | A | 40,920 | $0.00 | A | 606,370 | D | |
| Shares | Jan 29, 2016 | A | 61,983 | $0.00 | A | 668,353 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Vested Restricted Stock UnitsF1,F2 | $0.00 | Jan 28, 2016 | D | 191,289 | D | — | — | Shares | 191,289 | 0 | D |
| Restricted Stock UnitsF2,F3,F4 | $0.00 | Jan 29, 2016 | D | 40,920 | D | — | — | Shares | 40,920 | 40,920 | D |
| Restricted Stock UnitsF5,F4 | $0.00 | Jan 29, 2016 | D | 61,983 | D | — | — | Shares | 61,983 | 123,967 | D |
Explanation of responses
- F1Represents performance based restricted share units awarded on February 1, 2013 relating to a three-year performance cycle (2013-2015). Based on performance at the end of the performance cycle, 107,753 shares underlying this award vested and 83,536 shares underlying this award were forfeited.
- F2Total share amount reflects an adjustment to outstanding awards as a result of the spin-off of Paragon Offshore plc. The number of shares awarded prior to the spin-off have been increased to provide awardee with substantially equivalent economic value after the spin-off.
- F3Represents the second of three vesting events for restricted stock units awarded on January 29, 2014.
- F4The restricted stock units vest and settle in three equal annual installments beginning on the first anniversary of the grant date.
- F5Represents the first of three vesting events for restricted stock units awarded on January 29, 2015.