Robert Wayne Drummond Jr - Oct 1, 2021 Form 4 Insider Report for EXPRO GROUP HOLDINGS N.V. (XPRO)

Role
Director
Signature
/s/ Josh Hancock, as Attorney-in-Fact
Stock symbol
XPRO
Transactions as of
Oct 1, 2021
Transactions value $
$0
Form type
4
Date filed
10/5/2021, 09:46 PM
Previous filing
Jul 6, 2021
Next filing
Jan 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPRO Common Stock, nominal value Euro0.06 Options Exercise +6.41K +32.73% 26K Oct 1, 2021 Direct F1, F2
transaction XPRO Common Stock, nominal value Euro0.06 Award $0 +8.52K +32.79% $0.00 34.5K Oct 1, 2021 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction XPRO Restricted Stock Unit Options Exercise $0 -6.41K -100% $0.00* 0 Oct 1, 2021 Common Stock 6.41K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the number of shares of common stock, nominal value Euro0.06 per share, of the Issuer ("Common Stock") received in connection with the vesting of restricted stock units ("RSUs") and the number of shares of Common Stock beneficially owned, each as adjusted to give effect to the 1 for 6 reverse stock split of the Issuer, which became effective on October 1, 2021.
F2 RSUs convert into Common Stock on a one-for-one basis as annual compensation to the non-employee members of the prior Board of Supervisory Directors.
F3 Represents 8,522 RSUs granted under the Expro Group Holdings N.V. Long-Term Incentive Plan, As Amended and Restated as annual compensation to the non-employee members of the Board of Directors of the Issuer. Each RSU represents a contingent right to receive, upon vesting, one share of Common Stock. The RSUs vest on May 1, 2022.
F4 On July 1, 2021, the reporting person was granted 38,462 RSUs, which were adjusted to give effect to the 1 for 6 reverse stock split of the Issuer and vested in full on October 1, 2021 (accelerated vesting due to the closing of the merger between the Issuer (formerly Frank's International N.V.) and Expro Group Holdings International Ltd.).

Remarks:

Exhibit 24.1 - Power of Attorney