SEC Form 4 · accession 0001209191-17-006324
Noble Corp plc · NE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W Williams
Officer — Chairman, President and CEO · Director
Period of report
Jan 29, 2017
Accepted (ET)
Jan 31, 2017 · 2:58 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 29, 2017 | A | 230,772 | $0.00 | A | 849,387 | D | |
| Shares | Jan 29, 2017 | F | 76,335 | $7.175 | D | 773,052 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Jan 29, 2017 | D | 127,869 | D | — | — | Shares | 127,869 | 255,738 | D |
| Restricted Stock UnitsF3,F2 | $0.00 | Jan 29, 2017 | D | 61,983 | D | — | — | Shares | 61,983 | 61,984 | D |
| Restricted Stock UnitsF4,F5,F2 | $0.00 | Jan 29, 2017 | D | 40,920 | D | — | — | Shares | 40,920 | 0 | D |
Explanation of responses
- F1Represents the first of three vesting events for restricted stock units awarded on January 29, 2016.
- F2The restricted stock units vest and settle in three equal annual installments beginning on the first anniversary of the grant date.
- F3Represents the second of three vesting events for restricted stock units awarded on January 29, 2015.
- F4Total 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.
- F5Represents the third of three vesting events for restricted stock units awarded on January 29, 2014.