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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 10/12/22 |
| 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 |
| | Other Text: |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Ordinary Shares |
| | Transaction Date: |
| | | Value: 10/12/22 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 56,497 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 269,066 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Ordinary Shares |
| | Transaction Date: |
| | | Value: 10/12/22 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | | Footnote ID: F2 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 22,231 |
| | | Transaction Price Per Share: |
| Value: 33.07 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 246,835 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Restricted Share Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 10/12/22 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 56,497 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F1 |
| | Expiration Date: |
| | | Footnote ID: F1 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Ordinary Shares |
| | | Underlying Security Shares: |
| Value: 56,497.0 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 56,497 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Represents the vesting of the second installment of one-third of the restricted share units ("RSUs") granted on November 17, 2020 pursuant to the Issuer's Second Amended and Restated 2019 Equity Incentive Plan (the "2019 EIP"). These RSUs vest in three equal installments on each of October 12, 2021, 2022 and 2023. RSUs convert into ordinary shares on a one-for-one basis. |
| Footnote - F2: Transaction was a withholding of a portion of vested performance share units to satisfy the reporting person's tax withholding obligations upon vesting, pursuant to the award agreement and the 2019 EIP under which the award was granted. |
| Remarks: |
| Owner Signature: |
| Signature Name: Jonathan B. Wolens by Power of Attorney |
| Signature Date: 10/13/22 |
