EXPRO GROUP HOLDINGS N.V. — Director's Dealing 2021

Oct 4, 2021

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: Fanning Quinn P (Chief Financial Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, nominal value Euro0.06	8985	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$17.74	2028-02-04	Common Stock (483993)		Direct

Footnotes

F1: Consists of a right to receive 8,985 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 7,413 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 483,993 shares of Common Stock received by the Reporting Person upon assumption and adjustment of 399,335 stock options of Expro Group Holdings International Limited upon the consummation of the transactions contemplated by the Merger Agreement. 60,499 of the stock options are vested and the remaining 423,494 stock options will vest as follows: (i) 60,499 will vest in equal installments on each of 10/01/2022 and 10/01/2023 and (ii) 362,995 will vest upon satisfaction of internal rate of return thresholds.