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 *

KEARNEY MICHAEL C
2. Issuer Name and Ticker or Trading Symbol

FRANK'S INTERNATIONAL N.V. [ FI ]
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)

10260 WESTHEIMER RD.
3. Date of Earliest Transaction (MM/DD/YYYY)

10/5/2020
(Street)

HOUSTON, TX 77042
(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
Common stock, par value Euro 0.01 per share 10/5/2020  M  230814 A (1)472370 D  
Common stock, par value Euro 0.01 per share 10/5/2020  F  90826 (2)D$1.66 381554 D  

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
Restricted Stock Unit  (1)10/5/2020  M     230814   (3) (3)Common Stock 230814 $0.00 523213 (4)D  

Explanation of Responses:
(1) Performance-based restricted stock units ("PRSUs") convert into common stock on a one-for-one basis.
(2) In connection with the vesting of shares of PRSUs pursuant to the Frank's International N.V. 2013 Long-Term Incentive Plan, Frank's International N.V. (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 October 5, 2020. 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.
(3) On September 27, 2017, the reporting person was granted up to 250,159 PRSUs which vested on October 3, 2020.
(4) Consists of (i) 28,867 restricted stock units ("RSUs") that will vest on February 19, 2021, (ii) 132,776 RSUs that will vest 50% on February 19, 2021 and 50% on February 19, 2022, and (iii) 361,570 RSUs vesting ratably in three annual installments beginning on February 18, 2021.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
KEARNEY MICHAEL C
10260 WESTHEIMER RD.
HOUSTON, TX 77042
X
Chairman, President and CEO

Signatures
/s/ Michael C. Kearney, by Nancy A. Muchmore, as Attorney-in-Fact10/7/2020
**Signature of Reporting PersonDate

Fiserv (NYSE:FI)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Fiserv Charts.
Fiserv (NYSE:FI)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Fiserv Charts.