Scott C. Weatherholt - Nov 1, 2021 Form 4 Insider Report for Weatherford International plc (WFRD)

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, 07:34 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 +60.6K $0.00 60.6K Nov 1, 2021 Ordinary Shares 60.6K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.