SEC Form 4 · accession 0001603923-15-000076
Weatherford International plc · WFRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J Butters
Director
Period of report
Sep 10, 2015
Accepted (ET)
Sep 11, 2015 · 6:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001603923
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Sep 10, 2015 | M | 20,000 | $5.9425 | A | 272,354 | D | |
| Ordinary SharesF1 | Sep 10, 2015 | S | 20,000 | $9.842 | D | 252,354 | D | |
| Ordinary Shares | Sep 11, 2015 | M | 100,000 | $5.9425 | A | 352,354 | D | |
| Ordinary SharesF2 | holding | — | — | — | 55,088 | I | By spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy) | $5.9425 | Sep 10, 2015 | M | 20,000 | D | Sep 26, 2005 | Sep 25, 2015 | Ordinary Shares | 20,000 | 100,000 | D |
| Option (Right to Buy) | $5.9425 | Sep 11, 2015 | M | 100,000 | D | Sep 26, 2005 | Sep 25, 2015 | Ordinary Shares | 100,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is an average price. The shares were sold in multiple transactions at prices ranging from $9.84 to $9.85. The Reporting Person undertakes to provide to the SEC, the Issuer or any shareholder of the Issuer, upon request, information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2Beneficial ownership is disclaimed.