Accession Number: | 0001209191-20-042084 |
Date: | 2020-07-07 |
Issuer: | NOBLE CORP PLC (NE) |
Original Submission Date: |
ROBERTSON JULIE J
13135 S. DAIRY ASHFORD SUITE 800
SUGAR LAND, TX 77478
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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PERFORMANCE VESTED RESTRICTED STOCK UNITS | 0.0 | 2020-07-07 | deemed execution date | D | 1,403,584 (d) | shares 1,403,584 | $0.00 | 0 | direct | |||
RESTRICTED STOCK UNITS | 0.0 | 2020-07-07 | deemed execution date | D | 574,194 (d) | shares 574,194 | $0.00 | 0 | direct |
ID | footnote |
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f1 | number of units shown represents the maximum number of shares that could be earned, which is equal to 200% of the number of units granted. vesting occurs upon the company achieving total shareholder return and contract drilling margin goals over a three-year performance cycle (2020-2022) relative to a specified peer group. |
f2 | ms. robertson's right to receive a cash payment of $652,667 under the approved modifications to the company's overall compensation program, which modifications were disclosed in the company's current report on form 8-k filed on july 2, 2020, was subject to the forfeiture of these performance vested restricted stock units. |
f3 | the restricted stock units vest and settle in three equal annual installments beginning on the first anniversary of the grant date. |
f4 | ms. robertson's right to receive a cash payment of $522,517 under the approved modifications to the company's overall compensation program, which modifications were disclosed in the company's current report on form 8-k filed on july 2, 2020, was subject to the forfeiture of these restricted stock units. |