SEC Form 4 · accession 0001209191-19-013124

Noble Corp plc · NE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Sr. VP, Gen Counsel & Corp Sec

Period of report

Feb 21, 2019

Accepted (ET)

Feb 25, 2019 · 5:40 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 21, 2019	A	59,751	$0.00	A	379,800	D
Shares^F1	Feb 21, 2019	F	14,550	$3.355	D	365,250	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Vested Restricted Stock Units^F2,F3	$0.00	Feb 21, 2019	D	199,172	D	—	—	Shares	199,172	0	D
Performance Vested Restricted Stock Units^F2,F4	$0.00	Feb 21, 2019	A	309,986	A	—	—	Shares	309,986	309,986	D
Restricted Stock Units^F2,F5	$0.00	Feb 21, 2019	A	154,993	A	—	—	Shares	154,993	154,993	D

F1Amount forfeited for payment of tax.
F2Each restricted stock unit represents a contingent right to receive one share.
F3Represents performance based restricted share units awarded on January 29, 2016 relating to a three-year performance cycle (2016-2018). Based on performance at the end of the performance cycle, 59,751 shares underlying this award vested and 139,421 shares underlying this award were forfeited.
F4Number of units shown represents the maximum number of shares that could be earned, which is equal to 200% of the number of units granted. Vesting occurs upon the company achieving total shareholder return and contract drilling margin goals over a three-year performance cycle (2019-2021) relative to a specified peer group.
F5The restricted stock units vest and settle in three equal annual installments beginning on the first anniversary of the grant date.