H. Keith Jennings - Nov 1, 2021 Form 4 Insider Report for Weatherford International plc (WFRD)

Role: EVP and CFO
Signature: Jonathan B. Wolens by Power of Attorney
Stock symbol: WFRD
Transactions as of: Nov 1, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/2/2021, 07:33 PM
Previous filing: Jun 10, 2021
Next filing: Jan 6, 2022

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	WFRD	2021 Program Performance Share Units	Award	$0	+95 K		$0.00	95 K	Nov 1, 2021	Ordinary Shares	95 K		Direct	F1

Explanation of Responses:

Id	Content
F1	Represents performance share units ("PSUs") granted on November 1, 2021 under the Weatherford Accelerating Growth & Efficiency Program of the Second Amended and Restated 2019 Equity Incentive Plan. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 100% 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 years beginning on January 1, 2022 ending December 31, 2024.

Content

Represents performance share units ("PSUs") granted on November 1, 2021 under the Weatherford Accelerating Growth & Efficiency Program of the Second Amended and Restated 2019 Equity Incentive Plan. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 100% 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 years beginning on January 1, 2022 ending December 31, 2024.