SEC Form 4 · accession 0001209191-16-094568
Noble Corp plc · NE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julie J Robertson
Officer — Executive VP & Corporate Secy
Period of report
Jan 28, 2016
Accepted (ET)
Feb 1, 2016 · 7:50 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 | 38,128 | $0.00 | A | 687,411 | D | |
| Shares | Jan 29, 2016 | A | 15,109 | $0.00 | A | 702,520 | D | |
| Shares | Jan 29, 2016 | A | 22,886 | $0.00 | A | 725,406 | D | |
| Shares | Jan 29, 2016 | F | 6,175 | $7.625 | D | 719,231 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Restricted Stock UnitsF1,F2 | $0.00 | Jan 28, 2016 | D | 67,687 | D | — | — | Shares | 67,687 | 0 | D |
| Restricted Stock UnitsF2,F3,F4 | $0.00 | Jan 29, 2016 | D | 15,109 | D | — | — | Shares | 15,109 | 15,109 | D |
| Restricted Stock UnitsF5,F4 | $0.00 | Jan 29, 2016 | D | 22,886 | D | — | — | Shares | 22,886 | 45,773 | 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, 38,128 shares vested and 29,559 shares 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.