Home > Insider Trading > Filing (0001209191-14-053063)

Filing Details

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
1583883	D. Brian Baird	10260 Westheimer Rd. Houston TX 77042	See Remarks	No	Yes	No	No

Reported Non-Derivative Transactions

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	23,727	No	4	M	Direct
Common Stock, Par Value Euro 0.01 Per Share	Disposition	2014-08-14	8,476	$20.09	15,251	No	4	F	Direct
Common Stock, Par Value Euro 0.01 Per Share	Disposition	2014-08-14	2,955	$20.39	12,296	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

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 23, 2014.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.25 to $20.53, 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% per year on the anniversary of the grant over the first three years, with the remaining 40% vesting on March 31, 2017.