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

Apr 23, 2021

31968_dirs_2021-04-23_473ce63e-8ab5-400f-b1ff-2879f3ae194c.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: 2021-02-23

Reporting Person: Russell Steven J (SVP, Operations)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-02-23 Common Stock, par value Euro 0.01 per share A 25553 Acquired 78280 Direct
2021-02-23 Common Stock, par value Euro 0.01 per share M 5634 Acquired 83914 Direct
2021-02-23 Common Stock, par value Euro 0.01 per share F 12211 $3.47 Disposed 71703 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-02-23 Restricted Stock Unit $ M 5634 Disposed Common Stock (5634) Direct

Footnotes

F1: Represents shares of common stock received upon the vesting and settlement of the performance-based restricted stock units ("PRSUs") granted on February 23, 2018, under the Frank's International N.V. 2013 Long-Term Incentive Plan (the "Plan"). The PRSUs reported in this filing vested at 151.2% achievement.

F2: Restricted stock units ("RSUs") and PRSUs convert into common stock on a one-for-one basis.

F3: In connection with the vesting of shares of RSUs pursuant to the Frank's International N.V. 2013 Long-Term Incentive Plan, Frank's International N.V. (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 February 23, 2021. 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.

F4: On February 23, 2018, the reporting person was granted 16,900 RSUs vesting ratably in three annual installments beginning on February 23, 2019.

F5: Also consists of (i) 34,435 RSUs that will vest 50% on February 18, 2022, and 50% on February 18, 2023, (ii) 10,117 RSUs that will vest on February 19, 2022, and (iii) 122,024 RSUs that will vest ratably in three installments beginning on February 22, 2022.