Weatherford grants RSUs and PSUs to NEOs; Saligram receives 84,518 RSUs and 126,777 PSUs

Weatherford International plc

CEO Girish Saligram awarded 84,518 RSUs vesting in 3 equal annual installments and 126,777 PSUs (0-200% of target) over a 3-year performance period.
CFO H. Keith Jennings receives 34,025 RSUs and 34,025 PSUs; EVP/GCL Scott Weatherholt gets 21,691 RSUs and 21,691 PSUs.
Vesting for NEOs includes accelerated pro-rata vesting on termination without cause or for good reason, and full acceleration on qualifying change-in-control termination.
Performance metrics for PSUs are deemed competitively sensitive and will be disclosed after the performance period ends.

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