SEC Form 4 · accession 0001603923-16-000269
Weatherford International plc · WFRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas M. Mills
Officer — VP & Chief Accounting Officer
Period of report
Oct 7, 2016
Accepted (ET)
Oct 7, 2016 · 5:50 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 | Oct 7, 2016 | A | 2,080 | $0.00 | A | 223,933 | D | |
| Ordinary Shares | Oct 7, 2016 | F | 569 | $5.95 | D | 223,364 | D | |
| Ordinary Shares | Oct 7, 2016 | S | 12,500 | $5.97 | D | 210,864 | D | |
| Ordinary Shares | holding | — | — | — | 2,126 | I | By 401(k) |
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. Units vested on the transaction date.
- F2Transaction was a withholding of a portion of vested restricted share units to satisfy the reporting person's tax withholding obligations upon vesting.
- F3The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person to cover his income tax obligations.