0001603923-21-000072.txt : 20210610 0001603923-21-000072.hdr.sgml : 20210610 20210610184458 ACCESSION NUMBER: 0001603923-21-000072 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210601 FILED AS OF DATE: 20210610 DATE AS OF CHANGE: 20210610 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Jennings H. Keith CENTRAL INDEX KEY: 0001466868 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36504 FILM NUMBER: 211009410 MAIL ADDRESS: STREET 1: 2000 ST. JAMES PLACE CITY: HOUSTON STATE: TX ZIP: 77056 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Weatherford International plc CENTRAL INDEX KEY: 0001603923 STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533] IRS NUMBER: 980606750 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 70 SIR JOHN ROGERSON'S QUAY CITY: DUBLIN STATE: L2 ZIP: 2 BUSINESS PHONE: 41.22.816.1500 MAIL ADDRESS: STREET 1: WESTSTRASSE 1 CITY: BAAR STATE: V8 ZIP: 6340 FORMER COMPANY: FORMER CONFORMED NAME: Weatherford International Ltd DATE OF NAME CHANGE: 20140328 3 1 wf-form3_162336508288568.xml FORM 3 X0206 3 2021-06-01 0 0001603923 Weatherford International plc WFRD 0001466868 Jennings H. Keith 2000 ST. JAMES PLACE HOUSTON TX 77056 0 1 0 0 EVP and CFO Restricted Share Units Ordinary Shares 115796.0 D Performance Share Units Ordinary Shares 192993.0 D Phantom Restricted Share Units Ordinary Shares 56620.0 D Represents restricted share units ("RSUs") granted on January 4, 2021 pursuant to Issuer's Second Amended and Restated 2019 Equity Incentive Plan (the "2019 EIP"). The RSUs vest in two equal installments over the two-year period from the date of grant. Represents performance share units ("PSUs") granted on January 4, 2021 under the 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of target award depending on the actual achievement of the performance goals at the end of the performance period. The performance period is the Issuer's fiscal year ending December 21, 2022. Represents phantom restricted share units granted on January 4, 2021 pursuant to the 2019 EIP. These phantom restricted share units vest in two equal installments over the two-year period from the date of grant and may be settled in cash, ordinary shares or any combination of cash and ordinary shares. Jonathan B. Wolens by Power of Attorney 2021-06-10 EX-24 2 edocs-102387xv1xsection_16.htm JENNINGS POA

POWER OF ATTORNEY

    Know all by these presents that the undersigned hereby constitutes and appoints each of Scott C. Weatherholt, Christine M. Morrison and Jonathan B. Wolens, or any of them signing singly, and with full power of substitution, as the undersigned's true and lawful attorney in fact to:

       1. prepare, execute in the undersigned's name and on the undersigned's behalf, and submit to the U.S. Securities and Exchange Commission (the "SEC") a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or any rule or regulation of the SEC;

       2. execute for and on behalf of the undersigned, in the undersigned's capacity as an officer or director of Weatherford International plc (the "Company"), Forms 3, 4, and 5 (including any successor forms thereto) in accordance with Section 16(a) of the Exchange Act and the rules thereunder;

       3. do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such forms, complete and execute any amendment or amendments thereto, and timely file such forms with the SEC and any stock exchange or similar authority; and

       4. take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney in fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney in fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney in fact may approve in such attorney in fact's discretion.

    The undersigned hereby grants to each such attorney in fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney in fact, or such attorney in fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted.  The undersigned acknowledges that the foregoing attorneys in fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Exchange Act.

    This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file reports under Section 16(a) of the Exchange Act with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys in fact.

    IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 28th day of May, 2021.

                                              /s/ H. Keith Jennings
                                              H. Keith Jennings


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