SEC Form 4 · accession 0001209191-16-094569
Noble Corp plc · NE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A Maclennan
Officer — Sr. VP-CFO & Controller
Period of report
Jan 28, 2016
Accepted (ET)
Feb 1, 2016 · 7:59 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 | 28,181 | $0.00 | A | 138,110 | D | |
| Shares | Jan 28, 2016 | F | 8,009 | $7.75 | D | 130,101 | D | |
| Shares | Jan 29, 2016 | A | 11,961 | $0.00 | A | 142,062 | D | |
| Shares | Jan 29, 2016 | F | 3,299 | $7.625 | D | 138,763 | D | |
| Shares | Jan 29, 2016 | A | 18,118 | $0.00 | A | 156,881 | D | |
| Shares | Jan 29, 2016 | F | 4,890 | $7.625 | D | 151,991 | 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 | 50,030 | D | — | — | Shares | 50,030 | 0 | D |
| Restricted Stock UnitsF2,F3,F4 | $0.00 | Jan 29, 2016 | D | 11,961 | D | — | — | Shares | 11,961 | 11,962 | D |
| Restricted Stock UnitsF5,F4 | $0.00 | Jan 29, 2016 | D | 18,118 | D | — | — | Shares | 18,118 | 36,237 | 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, 28,181 shares underlying this award vested and 21,849 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.