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EXPRO GROUP HOLDINGS N.V. — Director's Dealing 2021
Oct 5, 2021
31968_dirs_2021-10-05_cb9f91f3-ea6a-4e1d-a65e-aae3683f203c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: EXPRO GROUP HOLDINGS N.V. (XPRO)
CIK: 0001575828
Period of Report: 2021-10-01
Reporting Person: Drummond Robert Wayne Jr (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-10-01 | Common Stock, nominal value Euro0.06 | M | 6410 | — | Acquired | 25992 | Direct |
| 2021-10-01 | Common Stock, nominal value Euro0.06 | A | 8522 | $0.00 | Acquired | 34514 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-10-01 | Restricted Stock Unit | $ | M | 6410 | Disposed | Common Stock (6410) | Direct |
Footnotes
F1: Reflects the number of shares of common stock, nominal value Euro0.06 per share, of the Issuer ("Common Stock") received in connection with the vesting of restricted stock units ("RSUs") and the number of shares of Common Stock beneficially owned, each as adjusted to give effect to the 1 for 6 reverse stock split of the Issuer, which became effective on October 1, 2021.
F2: RSUs convert into Common Stock on a one-for-one basis as annual compensation to the non-employee members of the prior Board of Supervisory Directors.
F3: Represents 8,522 RSUs granted under the Expro Group Holdings N.V. Long-Term Incentive Plan, As Amended and Restated as annual compensation to the non-employee members of the Board of Directors of the Issuer. Each RSU represents a contingent right to receive, upon vesting, one share of Common Stock. The RSUs vest on May 1, 2022.
F4: On July 1, 2021, the reporting person was granted 38,462 RSUs, which were adjusted to give effect to the 1 for 6 reverse stock split of the Issuer and vested in full on October 1, 2021 (accelerated vesting due to the closing of the merger between the Issuer (formerly Frank's International N.V.) and Expro Group Holdings International Ltd.).