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EXPRO GROUP HOLDINGS N.V. — Director's Dealing 2021
Oct 4, 2021
31968_dirs_2021-10-04_1621b6d0-657b-4c6e-b559-ba1ed2e021f5.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: EXPRO GROUP HOLDINGS N.V. (XPRO)
CIK: 0001575828
Period of Report: 2021-10-01
Reporting Person: Jardon Michael (Director, President & CEO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, nominal value Euro0.06 | 63274 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $17.08 | 2028-02-04 | Common Stock (1930285) | Direct |
Footnotes
F1: Consists of a right to receive 63,274 shares of common stock, nominal value Euro0.06, of the Issuer ("Common Stock") as soon as reasonable practicable following the Effective Time (as defined in that certain Agreement and Plan of Merger between the Issuer, New Eagle Holdings Limited and Expro Group Holdings International Limited, dated March 10, 2021 (the "Merger Agreement")) as a result of the acceleration and cancellation of 52,206 restricted stock units of Expro Group Holdings International Limited upon the consummation of the transactions contemplated by the Merger Agreement.
F2: Represents stock options to purchase 1,930,285 shares of Common Stock received by the Reporting Person upon assumption and adjustment of 1,592,645 stock options of Expro Group Holdings International Limited upon the consummation of the transactions contemplated by the Merger Agreement. 361,928 of the stock options are vested and the remaining 1,568,357 stock options will vest as follows: (i) 120,643 will vest on 02/05/2022 and (ii) 1,447,714 will vest upon satisfaction of internal rate of return thresholds.