Filing Details
- Accession Number:
- 0001104659-22-022709
- Form Type:
- 13G Filing
- Publication Date:
- 2022-02-13 19:00:00
- Filed By:
- D. E. Shaw & Co, L.p.
- Company:
- Weatherford International Plc (TSE:WFRD)
- Filing Date:
- 2022-02-14
- SEC Url:
- 13G Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
D. E. Shaw Galvanic Portfolios | 0 | 4,727,513 | 0 | 4,727,513 | 4,727,513 | 6.7% |
D. E. Shaw Manager II | 0 | 4,727,513 | 0 | 4,727,513 | 4,727,513 | 6.7% |
D. E. Shaw Adviser II | 0 | 4,727,513 | 0 | 4,727,513 | 4,727,513 | 6.7% |
D. E. Shaw Co. | 0 | 4,727,513 | 0 | 4,727,513 | 4,727,513 | 6.7% |
D. E. Shaw Co. | 0 | 4,727,513 | 0 | 4,727,513 | 4,727,513 | 6.7% |
David E. Shaw | 0 | 4,727,513 | 0 | 4,727,513 | 4,727,513 | 6.7% |
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Weatherford International plc
(Name of Issuer)
Ordinary Shares, $0.001 par value
(Title of Class of Securities)
G48833118
(CUSIP Number)
December 31, 2021
(Date of Event Which Requires Filing of this Statement)
Check the following box to designate the rule pursuant to which the Schedule is filed:
¨ | Rule 13d-1(b) |
¨ | Rule 13d-1(c) |
x | Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. G48833118
| ||||
1. | Names of Reporting Persons D. E. Shaw Galvanic Portfolios, L.L.C.
| |||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||
(a) | ¨ | |||
(b)
| ¨ | |||
3. | SEC Use Only
| |||
4. | Citizenship or Place of Organization Delaware
| |||
Number of Shares Beneficially Owned by Each Reporting Person With | 5. | Sole Voting Power
-0- | ||
6. | Shared Voting Power 4,727,5131
| |||
7. | Sole Dispositive Power -0-
| |||
8. | Shared Dispositive Power 4,727,5131
| |||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person 4,727,5131
| |||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| |||
11. | Percent of Class Represented by Amount in Row (9) 6.7%2
| |||
12. | Type of Reporting Person (See Instructions) OO |
1 Includes warrants exercisable into 188,758 Ordinary Shares.
2 This percentage figure is based upon 70,350,443 Ordinary Shares outstanding, consisting of: (i) 70,161,685 Ordinary Shares outstanding as of October 20, 2021, as reported in the Issuer’s Form 10-Q filed with the SEC on November 2, 2021, and (ii) 188,758 Ordinary Shares issuable upon exercise of warrants.
CUSIP No. G48833118
| ||||
1. | Names of Reporting Persons D. E. Shaw Manager II, L.L.C.
| |||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||
(a) | ¨ | |||
(b)
| ¨ | |||
3. | SEC Use Only
| |||
4. | Citizenship or Place of Organization Delaware
| |||
Number of Shares Beneficially Owned by Each Reporting Person With | 5. | Sole Voting Power
-0- | ||
6. | Shared Voting Power 4,727,5131
| |||
7. | Sole Dispositive Power -0-
| |||
8. | Shared Dispositive Power 4,727,5131
| |||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person 4,727,5131
| |||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| |||
11. | Percent of Class Represented by Amount in Row (9) 6.7%2
| |||
12. | Type of Reporting Person (See Instructions) OO |
1 Includes warrants exercisable into 188,758 Ordinary Shares.
2 This percentage figure is based upon 70,350,443 Ordinary Shares outstanding, consisting of: (i) 70,161,685 Ordinary Shares outstanding as of October 20, 2021, as reported in the Issuer’s Form 10-Q filed with the SEC on November 2, 2021, and (ii) 188,758 Ordinary Shares issuable upon exercise of warrants.
CUSIP No. G48833118
| ||||
1. | Names of Reporting Persons D. E. Shaw Adviser II, L.L.C.
| |||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||
(a) | ¨ | |||
(b)
| ¨ | |||
3. | SEC Use Only
| |||
4. | Citizenship or Place of Organization Delaware
| |||
Number of Shares Beneficially Owned by Each Reporting Person With | 5. | Sole Voting Power
-0- | ||
6. | Shared Voting Power 4,727,5131
| |||
7. | Sole Dispositive Power -0-
| |||
8. | Shared Dispositive Power 4,727,5131
| |||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person 4,727,5131
| |||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| |||
11. | Percent of Class Represented by Amount in Row (9) 6.7%2
| |||
12. | Type of Reporting Person (See Instructions) IA |
1 Includes warrants exercisable into 188,758 Ordinary Shares.
2 This percentage figure is based upon 70,350,443 Ordinary Shares outstanding, consisting of: (i) 70,161,685 Ordinary Shares outstanding as of October 20, 2021, as reported in the Issuer’s Form 10-Q filed with the SEC on November 2, 2021, and (ii) 188,758 Ordinary Shares issuable upon exercise of warrants.
CUSIP No. G48833118
| ||||
1. | Names of Reporting Persons D. E. Shaw & Co., L.L.C.
| |||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||
(a) | ¨ | |||
(b)
| ¨ | |||
3. | SEC Use Only
| |||
4. | Citizenship or Place of Organization Delaware
| |||
Number of Shares Beneficially Owned by Each Reporting Person With | 5. | Sole Voting Power
-0- | ||
6. | Shared Voting Power 4,727,5131
| |||
7. | Sole Dispositive Power -0-
| |||
8. | Shared Dispositive Power 4,727,5131
| |||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person 4,727,5131
| |||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| |||
11. | Percent of Class Represented by Amount in Row (9) 6.7%2
| |||
12. | Type of Reporting Person (See Instructions) OO |
1 Includes warrants exercisable into 188,758 Ordinary Shares.
2 This percentage figure is based upon 70,350,443 Ordinary Shares outstanding, consisting of: (i) 70,161,685 Ordinary Shares outstanding as of October 20, 2021, as reported in the Issuer’s Form 10-Q filed with the SEC on November 2, 2021, and (ii) 188,758 Ordinary Shares issuable upon exercise of warrants.
CUSIP No. G48833118
| ||||
1. | Names of Reporting Persons D. E. Shaw & Co., L.P.
| |||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||
(a) | ¨ | |||
(b)
| ¨ | |||
3. | SEC Use Only
| |||
4. | Citizenship or Place of Organization Delaware
| |||
Number of Shares Beneficially Owned by Each Reporting Person With | 5. | Sole Voting Power
-0- | ||
6. | Shared Voting Power 4,727,5131
| |||
7. | Sole Dispositive Power -0-
| |||
8. | Shared Dispositive Power 4,727,5131
| |||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person 4,727,5131
| |||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| |||
11. | Percent of Class Represented by Amount in Row (9) 6.7%2
| |||
12. | Type of Reporting Person (See Instructions) IA, PN |
1 Includes warrants exercisable into 188,758 Ordinary Shares.
2 This percentage figure is based upon 70,350,443 Ordinary Shares outstanding, consisting of: (i) 70,161,685 Ordinary Shares outstanding as of October 20, 2021, as reported in the Issuer’s Form 10-Q filed with the SEC on November 2, 2021, and (ii) 188,758 Ordinary Shares issuable upon exercise of warrants.
CUSIP No. G48833118
| ||||
1. | Names of Reporting Persons David E. Shaw
| |||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||
(a) | ¨ | |||
(b)
| ¨ | |||
3. | SEC Use Only
| |||
4. | Citizenship or Place of Organization United States
| |||
Number of Shares Beneficially Owned by Each Reporting Person With | 5. | Sole Voting Power
-0- | ||
6. | Shared Voting Power 4,727,5131
| |||
7. | Sole Dispositive Power -0-
| |||
8. | Shared Dispositive Power 4,727,5131
| |||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person 4,727,5131
| |||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| |||
11. | Percent of Class Represented by Amount in Row (9) 6.7%2
| |||
12. | Type of Reporting Person (See Instructions) IN |
1 Includes warrants exercisable into 188,758 Ordinary Shares.
2 This percentage figure is based upon 70,350,443 Ordinary Shares outstanding, consisting of: (i) 70,161,685 Ordinary Shares outstanding as of October 20, 2021, as reported in the Issuer’s Form 10-Q filed with the SEC on November 2, 2021, and (ii) 188,758 Ordinary Shares issuable upon exercise of warrants.
Item 1. | ||
(a) | Name of Issuer | |
Weatherford International plc | ||
(b) | Address of Issuer's Principal Executive Offices | |
2000 St. James Place Houston, TX 77056 | ||
Item 2. | ||
(a) | Name of Person Filing | |
D. E. Shaw Galvanic Portfolios, L.L.C. D. E. Shaw Manager II, L.L.C. D. E. Shaw Adviser II, L.L.C. D. E. Shaw & Co., L.L.C. D. E. Shaw & Co., L.P. David E. Shaw | ||
(b) | Address of Principal Business Office or, if none, Residence | |
The business address for each reporting person is: 1166 Avenue of the Americas, 9th Floor New York, NY 10036 | ||
(c) | Citizenship | |
D. E. Shaw Galvanic Portfolios, L.L.C. is a limited liability company organized under the laws of the state of Delaware. D. E. Shaw Manager II, L.L.C. is a limited liability company organized under the laws of the state of Delaware. D. E. Shaw Adviser II, L.L.C. is a limited liability company organized under the laws of the state of Delaware. D. E. Shaw & Co., L.L.C. is a limited liability company organized under the laws of the state of Delaware. D. E. Shaw & Co., L.P. is a limited partnership organized under the laws of the state of Delaware. David E. Shaw is a citizen of the United States of America. | ||
(d) | Title of Class of Securities | |
Ordinary Shares, $0.001 par value | ||
(e) | CUSIP Number | |
G48833118 | ||
Item 3. | If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:
| |
Not Applicable
| ||
Item 4. | Ownership |
As of December 31, 2021:
(a) | Amount beneficially owned: | |
D. E. Shaw Galvanic Portfolios, L.L.C.: | 4,727,513 shares This is composed of (i) 4,538,755 shares in the name of D. E. Shaw Galvanic Portfolios, L.L.C. and (ii) 188,758 shares that D. E. Shaw Galvanic Portfolios, L.L.C. has the right to acquire upon exercise of warrants. | |
D. E. Shaw Manager II, L.L.C.: | 4,727,513 shares This is composed of (i) 4,538,755 shares in the name of D. E. Shaw Galvanic Portfolios, L.L.C. and (ii) 188,758 shares that D. E. Shaw Galvanic Portfolios, L.L.C. has the right to acquire upon exercise of warrants. | |
D. E. Shaw Adviser II, L.L.C.: | 4,727,513 shares This is composed of (i) 4,538,755 shares in the name of D. E. Shaw Galvanic Portfolios, L.L.C. and (ii) 188,758 shares that D. E. Shaw Galvanic Portfolios, L.L.C. has the right to acquire upon exercise of warrants. |
D. E. Shaw & Co., L.L.C.: | 4,727,513 shares This is composed of (i) 4,538,755 shares in the name of D. E. Shaw Galvanic Portfolios, L.L.C. and (ii) 188,758 shares that D. E. Shaw Galvanic Portfolios, L.L.C. has the right to acquire upon exercise of warrants. | |
D. E. Shaw & Co., L.P.: | 4,727,513 shares This is composed of (i) 4,538,755 shares in the name of D. E. Shaw Galvanic Portfolios, L.L.C. and (ii) 188,758 shares that D. E. Shaw Galvanic Portfolios, L.L.C. has the right to acquire upon exercise of warrants. | |
David E. Shaw: | 4,727,513 shares This is composed of (i) 4,538,755 shares in the name of D. E. Shaw Galvanic Portfolios, L.L.C. and (ii) 188,758 shares that D. E. Shaw Galvanic Portfolios, L.L.C. has the right to acquire upon exercise of warrants. |
(b) | Percent of class: |
D. E. Shaw Galvanic Portfolios, L.L.C.: | 6.7% | |
D. E. Shaw Manager II, L.L.C.: | 6.7% | |
D. E. Shaw Adviser II, L.L.C.: | 6.7% | |
D. E. Shaw & Co., L.L.C.: | 6.7% | |
D. E. Shaw & Co., L.P.: | 6.7% | |
David E. Shaw: | 6.7% |
(c) | Number of shares to which the person has: |
(i) | Sole power to vote or to direct the vote: |
D. E. Shaw Galvanic Portfolios, L.L.C.: | -0- shares | |
D. E. Shaw Manager II, L.L.C.: | -0- shares | |
D. E. Shaw Adviser II, L.L.C.: | -0- shares | |
D. E. Shaw & Co., L.L.C.: | -0- shares | |
D. E. Shaw & Co., L.P.: | -0- shares | |
David E. Shaw: | -0- shares |
(ii) | Shared power to vote or to direct the vote: |
D. E. Shaw Galvanic Portfolios, L.L.C.: | 4,727,513 shares | |
D. E. Shaw Manager II, L.L.C.: | 4,727,513 shares | |
D. E. Shaw Adviser II, L.L.C.: | 4,727,513 shares | |
D. E. Shaw & Co., L.L.C.: | 4,727,513 shares | |
D. E. Shaw & Co., L.P.: | 4,727,513 shares | |
David E. Shaw: | 4,727,513 shares |
(iii) | Sole power to dispose or to direct the disposition of: |
D. E. Shaw Galvanic Portfolios, L.L.C.: | -0- shares | |
D. E. Shaw Manager II, L.L.C.: | -0- shares | |
D. E. Shaw Adviser II, L.L.C.: | -0- shares | |
D. E. Shaw & Co., L.L.C.: | -0- shares | |
D. E. Shaw & Co., L.P.: | -0- shares | |
David E. Shaw: | -0- shares |
(iv) | Shared power to dispose or to direct the disposition of: |
D. E. Shaw Galvanic Portfolios, L.L.C.: | 4,727,513 shares | |
D. E. Shaw Manager II, L.L.C.: | 4,727,513 shares | |
D. E. Shaw Adviser II, L.L.C.: | 4,727,513 shares | |
D. E. Shaw & Co., L.L.C.: | 4,727,513 shares | |
D. E. Shaw & Co., L.P.: | 4,727,513 shares | |
David E. Shaw: | 4,727,513 shares |
David E. Shaw does not own any shares directly. By virtue of David E. Shaw’s position as President and sole shareholder of D. E. Shaw & Co., Inc., which is the general partner of D. E. Shaw & Co., L.P., which in turn is the managing member of D. E. Shaw Adviser II, L.L.C., which in turn is the investment adviser of D. E. Shaw Galvanic Portfolios, L.L.C., and by virtue of David E. Shaw’s position as President and sole shareholder of D. E. Shaw & Co. II, Inc., which is the managing member of D. E. Shaw & Co., L.L.C., which in turn is the managing member of D. E. Shaw Manager II, L.L.C., which in turn is the manager of D. E. Shaw Galvanic Portfolios, L.L.C., David E. Shaw may be deemed to have the shared power to vote or direct the vote of, and the shared power to dispose or direct the disposition of, the 4,727,513 shares as described above constituting 6.7% of the outstanding shares and, therefore, David E. Shaw may be deemed to be the beneficial owner of such shares. David E. Shaw disclaims beneficial ownership of such 4,727,513 shares.
Item 5. | Ownership of Five Percent or Less of a Class |
Not Applicable
| |
Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not Applicable
| |
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. |
Not Applicable
| |
Item 8. | Identification and Classification of Members of the Group |
Not Applicable
| |
Item 9. | Notice of Dissolution of Group |
Not Applicable
| |
Item 10. | Certification |
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Powers of Attorney, dated March 1, 2017, granted by David E. Shaw in favor of Nathan Thomas, are attached hereto.
Dated: February 14, 2022
D. E. Shaw Galvanic Portfolios, L.L.C. | ||
By: | /s/ Nathan Thomas | |
Nathan Thomas | ||
Authorized Signatory | ||
D. E. Shaw Manager II, L.L.C. | ||
By: | /s/ Nathan Thomas | |
Nathan Thomas | ||
Authorized Signatory | ||
D. E. Shaw Adviser II, L.L.C. | ||
By: | /s/ Nathan Thomas | |
Nathan Thomas | ||
Chief Compliance Officer | ||
D. E. Shaw & Co., L.L.C. | ||
By: | /s/ Nathan Thomas | |
Nathan Thomas | ||
Authorized Signatory | ||
D. E. Shaw & Co., L.P. | ||
By: | /s/ Nathan Thomas | |
Nathan Thomas | ||
Chief Compliance Officer | ||
David E. Shaw | ||
By: | /s/ Nathan Thomas | |
Nathan Thomas | ||
Attorney-in-Fact for David E. Shaw |