SEC Form 4 · accession 0001209191-18-013464

EXPRO GROUP HOLDINGS N.V. · XPRO

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

Reporting owner

Officer — President, Blackhawk

Period of report

Feb 23, 2018

Accepted (ET)

Feb 26, 2018 · 5:25 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 share^F1	Feb 23, 2018	M	3,723	—	A	35,081	D
Common stock, par value Euro 0.01 per share^F2	Feb 23, 2018	F	1,104	$6.18	D	33,977	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Unit^F4,F1,F3	—	Feb 23, 2018	M	3,723	D	—	—	Common Stock	3,723	26,547	D

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 on February 22, 2018. 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 February 23, 2017, the reporting person was granted 11,170 RSUs, vesting ratably in three annual installments beginning on February 23, 2018.
F4Consists of (i) 19,100 RSUs that will vest ratably in three annual installments beginning on February 19, 2019 and (ii) 7,447 RSUs that will vest 50% on February 23, 2019 and 50% on February 23, 2020.