SEC Form 4 · accession 0000899243-15-009239
EXPRO GROUP HOLDINGS N.V. · XPRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey J. Bird
Officer — See Remarks
Period of report
Dec 1, 2015
Accepted (ET)
Dec 3, 2015 · 4:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001575828
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock, par value Euro 0.01 per shareF1 | Dec 1, 2015 | M | 10,428 | — | A | 10,428 | D | |
| Common stock, par value Euro 0.01 per shareF2 | Dec 1, 2015 | F | 2,853 | $16.90 | D | 7,575 | 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 UnitF1,F3 | — | Dec 1, 2015 | M | 10,428 | D | — | — | Common Stock | 10,428 | 10,428 | D |
Explanation of responses
- F1Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- F2In connection with the vesting of shares of RSUs pursuant to the Frank's International N.V. 2013 Long-Term Incentive Plan, Frank's International N.V. (the "Issuer") withheld vested shares to satisfy tax withholding obligations. The number of vested shares withheld was based on the closing price per share of common stock on November 30, 2015. The withholding of vested shares pursuant to this award was approved by the Board of Supervisory Directors of the Issuer, and the number of shares indicated in this Form 4 was acquired as treasury stock by the Issuer.
- F3On December 1, 2014, the reporting person was granted 20,856 RSUs, vesting ratably in two annual installments beginning on December 1, 2015.
Remarks
Executive Vice President and Chief Financial Officer