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EXPRO GROUP HOLDINGS N.V. Director's Dealing 2014

Aug 18, 2014

31968_dirs_2014-08-18_1d7bd5f9-8116-44db-904d-ff8c453ac083.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Frank's International N.V. (FI)
CIK: 0001575828
Period of Report: 2014-08-14

Reporting Person: MARGAVIO MARK GERARD /ADV (See Remarks)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-08-14 Common stock, par value Euro 0.01 per share M 22727 Acquired 25727 Direct
2014-08-14 Common stock, par value Euro 0.01 per share F 8481 $20.09 Disposed 17246 Direct
2014-08-14 Common stock, par value Euro 0.01 per share S 6400 $20.1175 Disposed 10846 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-08-14 Restricted Stock Unit $ M 22727 Disposed Common Stock (22727) Direct

Footnotes

F1: Restricted stock units convert into common stock on a one-for-one basis.

F2: In connection with the vesting of shares of restricted stock units pursuant to the Frank's International N.V. 2013 Long-Term Incentive Plan, the issuer withheld vested shares to satisfy tax withholding obligations. The number of vested shares withheld was based on the closing price per share on August 13, 2014. The withholding of vested shares pursuant to this award was approved by the Board of Supervisory Directors of the issuer, and the number of shares indicated in this Form 4 was acquired as treasury stock by the issuer.

F3: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 Sales Plan adopted by the reporting person on June 24, 2014.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.97 to $20.28, inclusive. The reporting person undertakes to provide to Frank's International N.V., any security holder of Frank's International N.V., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.

F5: On August 14, 2013, the reporting person was granted 113,636 restricted stock units, vesting 20% on the first anniversary of the grant, with the remaining 80% vesting on December 31, 2014 pursuant to that certain Separation Agreement, dated as of July 14, 2014, by and between Frank's International, LLC and Mark Margavio.