SEC Form 4 · accession 0001209191-17-008101
Noble Corp plc · NE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam C Peakes
Officer — Sr. VP - CFO
Period of report
Feb 3, 2017
Accepted (ET)
Feb 6, 2017 · 6:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001458891
Table I — non-derivative securities
No Table I lines on this filing.
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 | $0.00 | Feb 3, 2017 | A | 225,510 | A | — | — | Shares | 225,510 | 225,510 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Feb 3, 2017 | A | 112,755 | A | — | — | Shares | 112,755 | 112,755 | D |
Explanation of responses
- F1Each performance vested restricted stock unit represents a contingent right to receive one share. Performance vested restricted stock units vest upon the company achieving total shareholder return and contract drilling margin goals over a three year performance cycle (2017-2019) relative to a specified peer group.
- F2Each restricted stock unit represents a contingent right to receive one share.
- F3The restricted stock units vest and settle in three equal annual installments beginning on the first anniversary of the grant date.