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NE Noble Corporation PLC

45.24
1.17 (2.65%)
Last Updated: 18:41:10
Delayed by 15 minutes
Share Name Share Symbol Market Type
Noble Corporation PLC NYSE:NE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.17 2.65% 45.24 45.45 44.17 44.46 319,267 18:41:10

Statement of Changes in Beneficial Ownership (4)

21/02/2020 11:47pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

ROBERTSON JULIE J
2. Issuer Name and Ticker or Trading Symbol

Noble Corp plc [ NE ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chairman, President and CEO
(Last)          (First)          (Middle)

13135 S. DAIRY ASHFORD SUITE 800
3. Date of Earliest Transaction (MM/DD/YYYY)

2/19/2020
(Street)

SUGAR LAND, TX 77478
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Vested Restricted Stock Units (1)$0.00 2/19/2020  D     2807168 (2)  (3) (3)Shares 2807168 $0.00 1403584 D  
Restricted Stock Units (1)$0.00 2/19/2020  D     1148387 (4)  (5) (5)Shares 1148387 $0.00 574194 D  

Explanation of Responses:
(1) Each restricted stock unit represents a contingent right to receive one share.
(2) These performance vested restricted stock units, which were granted on February 14, 2020, were cancelled pursuant to that certain Transition Agreement, dated as of February 19, 2020, among the reporting person, the Issuer and a wholly owned subsidiary of the Issuer (the "Transition Agreement").
(3) 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.
(4) These restricted stock units, which were granted on February 14, 2020, were cancelled pursuant to the Transition Agreement.
(5) The restricted stock units vest and settle in three equal annual installments beginning on the first anniversary of the grant date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
ROBERTSON JULIE J
13135 S. DAIRY ASHFORD SUITE 800
SUGAR LAND, TX 77478
X
Chairman, President and CEO

Signatures
/s/ Melissa M. McEllin by Power of Attorney dated October 25, 20192/21/2020
**Signature of Reporting PersonDate

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