SEC Form 4 · accession 0000899243-16-027951
EXPRO GROUP HOLDINGS N.V. · XPRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
D. Keith Mosing
Director · 10% Owner
Period of report
Aug 19, 2016
Accepted (ET)
Aug 23, 2016 · 6:42 pm EDT
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 ?0.01 per shareF1,F2 | Aug 19, 2016 | C | 52,976,000 | — | A | 52,976,000 | I | See footnotes |
| Common stock, par value ?0.01 per share | holding | — | — | — | 1,586,299 | D | ||
| Common stock, par value ?0.01 per share | holding | — | — | — | 33,024 | I | Held by Child | |
| Common stock, par value ?0.01 per share | holding | — | — | — | 33,024 | I | Held by Child | |
| Common stock, par value ?0.01 per share | holding | — | — | — | 50,000 | I | Held by Spouse | |
| Common stock, par value ?0.01 per shareF3 | holding | — | — | — | 10,500,720 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A preferred stock, par value ?0.01 per shareF1,F2 | — | Aug 19, 2016 | C | 52,976,000 | D | — | — | Common Stock | 52,976,000 | 0 | I |
Explanation of responses
- F1Pursuant to the Amended and Restated Articles of Association of Frank's International N.V. (the "Issuer") and the Limited Partnership Agreement of Frank's International C.V. ("FICV"), holders of the Issuer's Series A preferred stock, par value Euro 0.01 per share (the "Preferred Stock") have the right to convert all or a portion of their Preferred Stock into the Issuer's common stock, par value Euro 0.01 per share (the "Common Stock") at any time by delivery to the Issuer of an equivalent number of FICV portions, which portions are equal to the holder's total limited partnership interest in FICV divided by the total number of issued and outstanding shares of the Issuer's Preferred Stock.
- F2(Continued from footnote 1) The conversion of all shares of Preferred Stock and the delivery of all FICV Portions, all of which in both cases are owned directly by Mosing Holdings, Inc., occurred on August 19, 2016. D. Keith Mosing is the Chairman, President and Chief Executive Officer of Mosing Holding, Inc. Accordingly, Mr. Mosing may be deemed to beneficially own shares of Common Stock owned by Mosing Holdings, Inc. Mr. Mosing disclaims beneficial ownership of the Common Stock owned by Mosing Holdings, Inc., except to the extent of his pecuniary interest therein.
- F3As of August 1, 2016, the Donald Keith Mosing Family Partnership, Ltd ("DKM PL") directly owns 10,500,720 shares of Frank's International N.V.'s common stock, par value Euro 0.01 per share. DKM PL is controlled by D. Keith Mosing, in his capacity as its general partner and trustee of its other general partner, Donald Keith Mosing Revocable Trust.