Weatherford International Plc (WFT): Bernard J Duroc-danner , Chairman, Pres and CEO of Weatherford International Plc sold 610,482 shares on Sep 22, 2015. The Insider selling transaction was disclosed on Sep 24, 2015 to the Securities and Exchange Commission. The shares were sold at $9.15 per share for a total value of $5,584,933.50.
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I had a mis manager at Halliburton that never told me I had stock options, He did not care about his people and so in the end I lost it all. They had passed the time limit as is written in the other statements below. It is true that you have to do something with stock options or you lose them. Now, aren't you glad you never worked at Halliburton for some of these twits?
What a sorry bunch of sad sacks! Always ready to believe the worst just because you got caught up in the natural cycle of business. Blame the idiots in D.C. Especially the feckless flap-earred fool on the hil. That's where the blame belongs. They're the ones killing oil exploration and drilling. Why don't you look at all the evidence instead of listening to the first tall tale and assuming the worst. That man built the company from the ground up in Weatherford, Texas. It's his baby and he could have made more money by selling the week before but he held out to the bitter end just before his options expired after which he would have lost it all. Every one of you calf-slobbering flunkies would have done the same thing if not sooner. You can be jobless for a time and still not lose your dignity. Don't turn into a pathetic loser.
If Bernie jumps ship it will be straight into the sea because no other company would touch him with a barge pole unless of course you want to sink a company.
$5.5 million hopefully he wont be disappointed he deserves every cent
Guys, y'all need to read the entire document before you go shooting your mouth off. His options from 9/26/2005 we're getting ready to expire so why wouldn't you sell them. It was a no brainer but everyone on the board should have excersided the previous week on the 17th when the stock was 11 bucks. They could have made some more loot!
Bernie's getting ready to jump ship. They always sell just before the company declares Chapter 11.
Seriously ? Right at the same time they were trying to manipulate the stock price by offering notes then rescinding the offer, Jail time.
If true then another kick up the butt for all of us laid off $5,584,933.50 probably just the start of his severance package makes me feel sick.
I guess he is smarter than we give him credit for. He knows that the ship is sinking.
He is jettisoning? Amazing, we were all under the impression that he is going to stay put. Oh well, if this is true.....