SEC Form 4 · accession 0001209191-18-007965
Noble Corp plc · NE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert W. Eifler
Officer — VP&GM, Marketing & Contracts
Period of report
Feb 3, 2018
Accepted (ET)
Feb 6, 2018 · 6:09 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 | Feb 3, 2018 | A | 4,205 | $0.00 | A | 12,754 | D | |
| Shares | Feb 3, 2018 | F | 1,177 | $4.66 | D | 11,577 | 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 | $0.00 | Feb 2, 2018 | A | 171,674 | A | — | — | Shares | 171,674 | 171,674 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Feb 2, 2018 | A | 85,837 | A | — | — | Shares | 85,837 | 85,837 | D |
| Restricted Stock UnitsF4,F3 | $0.00 | Feb 3, 2018 | D | 4,205 | D | — | — | Shares | 4,205 | 8,412 | 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 (2018-2020) 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.
- F4Represents the first of three vesting events for restricted stock units awarded on February 3, 2017.