0001603923-24-000034.txt : 20240122
0001603923-24-000034.hdr.sgml : 20240122
20240122164820
ACCESSION NUMBER: 0001603923-24-000034
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240118
FILED AS OF DATE: 20240122
DATE AS OF CHANGE: 20240122
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sandhu Depinder
CENTRAL INDEX KEY: 0002008179
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36504
FILM NUMBER: 24549383
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]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 980606750
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2000 ST. JAMES PLACE
CITY: HOUSTON
STATE: TX
ZIP: 77056
BUSINESS PHONE: 713.836.4000
MAIL ADDRESS:
STREET 1: 70 SIR JOHN ROGERSON'S QUAY
CITY: DUBLIN
STATE: L2
ZIP: 2
FORMER COMPANY:
FORMER CONFORMED NAME: Weatherford International Ltd
DATE OF NAME CHANGE: 20140328
4
1
wk-form4_1705960086.xml
FORM 4
X0508
4
2024-01-18
0
0001603923
Weatherford International plc
WFRD
0002008179
Sandhu Depinder
2000 ST JAMES PLACE
HOUSTON
TX
77056
0
1
0
0
EVP, Global Product Lines
0
Ordinary Shares
2024-01-18
4
M
0
2517
0
A
7234
D
Ordinary Shares
2024-01-18
4
M
0
1367
0
A
8601
D
Ordinary Shares
2024-01-18
4
F
0
1348
94.50
D
7253
D
Restricted Share Units
2024-01-18
4
M
0
2517
0
D
Ordinary Shares
2517
2518
D
Restricted Share Units
2024-01-18
4
M
0
1367
0
D
Ordinary Shares
1367
2734
D
2024 Annual Performance Share Units
2024-01-18
4
A
0
3268
0
A
Ordinary Shares
3268
3268
D
Restricted Share Units
2024-01-18
4
A
0
2179
0
A
Ordinary Shares
2179
2179
D
Restricted Share Units
2024-01-18
4
A
0
2724
0
A
Ordinary Shares
2724
2724
D
Represents the vesting of restricted share units ("RSUs") granted on January 18, 2022 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vest in three equal installments annually over the three-year period from the date of grant.
Represents the vesting of RSUs granted on January 18, 2023 pursuant to the 2019 EIP. The RSUs vest in three equal installments annually over the three-year period from the date of grant.
Transaction was a withholding of a portion of vested RSUs to satisfy the reporting person's tax withholding obligations upon vesting, pursuant to the award agreement and associated equity incentive plan under which the award was granted.
Represents performance share units ("PSUs") granted on January 18, 2024 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 PSUs vest based on actual performance at the end of the performance period, which is the Issuer's three fiscal years beginning on January 1, 2024 and ending December 31, 2026.
Represents RSUs granted on January 18, 2024 pursuant to the 2019 EIP. The RSUs vest in three equal installments annually over the three-year period from the date of grant.
Represents RSUs granted on January 18, 2024 pursuant to the 2019 EIP. The RSUs vest in full on the third anniversary of the date of grant.
Christine M. Morrison by Power of Attorney
2024-01-22