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Filing Details

Accession Number:: 0001209191-14-053059
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-08-18 16:39:18
Reporting Period:: 2014-08-14

Filing Date:: 2014-08-18
Accepted Time:: 2014-08-18 16:39:18
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1575828	Frank's International N.v.	FI	Oil & Gas Field Services, Nec (1389)	981107145

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
794098	/Adv Gerard Mark Margavio	10260 Westheimer Rd. Houston TX 77042	See Remarks	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, Par Value Euro 0.01 Per Share	Acquisiton	2014-08-14	22,727	$0.00	25,727	No	4	M	Direct
Common Stock, Par Value Euro 0.01 Per Share	Disposition	2014-08-14	8,481	$20.09	17,246	No	4	F	Direct
Common Stock, Par Value Euro 0.01 Per Share	Disposition	2014-08-14	6,400	$20.12	10,846	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Unit	Disposition	2014-08-14	22,727	$0.00	22,727	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
90,909			No	4	M	Direct

Footnotes

Restricted stock units convert into common stock on a one-for-one basis.
In connection with the vesting of shares of restricted stock units pursuant to the Frank's International N.V. 2013 Long-Term Incentive Plan, 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 August 13, 2014. 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.
The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 Sales Plan adopted by the reporting person on June 24, 2014.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.97 to $20.28, inclusive. The reporting person undertakes to provide to Frank's International N.V., any security holder of Frank's International N.V., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.
On August 14, 2013, the reporting person was granted 113,636 restricted stock units, vesting 20% on the first anniversary of the grant, with the remaining 80% vesting on December 31, 2014 pursuant to that certain Separation Agreement, dated as of July 14, 2014, by and between Frank's International, LLC and Mark Margavio.