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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 2/21/24 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1603923 |
| Issuer Name: Weatherford International plc |
| Issuer Trading Symbol: WFRD |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1682885 |
| | Owner Name: Saligram Girish |
| Reporting Owner Address: |
| | Owner Street 1: 2000 ST. JAMES PLACE |
| | Owner Street 2: |
| | Owner City: HOUSTON |
| | Owner State: TX |
| | Owner ZIP Code: 77056 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: President and CEO |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Ordinary Shares |
| | Transaction Date: |
| | | Value: 2/21/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 8,603 |
| | | Transaction Price Per Share: |
| Value: 102.0375 |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 198,292 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Trust |
| Footnote ID: F3 |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Ordinary Shares |
| | Transaction Date: |
| | | Value: 2/21/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 22,677 |
| | | Transaction Price Per Share: |
| Value: 103.1945 |
| Footnote ID: F4 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 175,615 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Trust |
| Footnote ID: F3 |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Ordinary Shares |
| | Transaction Date: |
| | | Value: 2/21/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 20,213 |
| | | Transaction Price Per Share: |
| Value: 104.123 |
| Footnote ID: F5 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 155,402 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Trust |
| Footnote ID: F3 |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Ordinary Shares |
| | Transaction Date: |
| | | Value: 2/21/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 8,507 |
| | | Transaction Price Per Share: |
| Value: 104.7993 |
| Footnote ID: F6 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 146,895 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Trust |
| Footnote ID: F3 |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Ordinary Shares |
| | Transaction Date: |
| | | Value: 2/21/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: G |
| | | Equity Swap Involved? No |
| | | Footnote ID: F7 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 12,000 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 134,895 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Trust |
| Footnote ID: F3 |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Ordinary Shares |
| | Transaction Date: |
| | | Value: 2/21/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: J |
| | | Equity Swap Involved? No |
| | | Footnote ID: F8 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 10,000 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 124,895 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Trust |
| Footnote ID: F3 |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Ordinary Shares |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 52,105 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: Spousal Trust |
| Footnote ID: F9 |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Ordinary Shares |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 680,731 |
| Footnote ID: F10 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
Footnotes: |
| Footnote - F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.6575 to $102.62, inclusive. Details on the number of shares sold at each separate price will be provided to the staff of the Securities and Exchange Commission upon request. |
| Footnote - F2: Includes 124,000 shares previously reported as directly owned. |
| Footnote - F3: Held in a trust, of which the reporting person and his spouse are the grantors, trustees and beneficiaries. |
| Footnote - F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.65 to $103.64, inclusive. Details on the number of shares sold at each separate price will be provided to the staff of the Securities and Exchange Commission upon request. |
| Footnote - F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.65 to $104.645, inclusive. Details on the number of shares sold at each separate price will be provided to the staff of the Securities and Exchange Commission upon request. |
| Footnote - F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.65 to $105.21, inclusive. Details on the number of shares sold at each separate price will be provided to the staff of the Securities and Exchange Commission upon request. |
| Footnote - F7: Represents shares that the reporting person donated as a gift to the American Endowment Foundation FBO Girish Saligram, a donor advised trust. |
| Footnote - F8: Represents shares transferred to PKS Spousal Trust u/a/d 9/11/23, a spousal lifetime access trust, of which the reporting person' spouse is the trustee and beneficiary. |
| Footnote - F9: Held in a spousal lifetime access trust, of which the reporting person's spouse is the trustee and beneficiary. |
| Footnote - F10: 124,000 shares previously reported as directly held by the reporting person were beneficially owned by the Saligram Management Trust u/a/d 2/18/22. The reporting person and his spouse are the grantors, trustees and beneficiaries of the trust. |
Remarks: |
Owner Signature: |
| Signature Name: Christine M. Morrison by Power of Attorney |
| Signature Date: 2/23/24 |