SEC Form 4 · accession 0001603923-15-000102
Weatherford International plc · WFRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert A Rayne
Director
Period of report
Sep 25, 2015
Accepted (ET)
Sep 28, 2015 · 6:28 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 SharesF1 | Sep 25, 2015 | A | 12,000 | $0.00 | A | 558,445 | D | |
| Ordinary SharesF3 | Sep 27, 2015 | F | 800 | $8.70 | D | 557,645 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transaction was a grant of restricted share units and therefore has no price. The units are scheduled to vest on September 25, 2016.
- F2Transaction was a withholding of a portion of vested restricted share units to satisfy the reporting person's tax withholding obligations upon vesting, pursuant to the award agreements and associated equity incentive plans under which the award was granted.
- F3Does not include 1,845,000 shares beneficially owned by LMS Capital, of which Mr. Rayne serves as a non-executive director.