Item 5. OTHER INFORMATION
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Item 5. OTHER INFORMATION
Rule 10b5-1 and Non-Rule 10b5-1 Trading Arrangements
During the three months ended March 31, 2024, certain of our officers or directors listed below adopted or terminated trading arrangements for the sale of shares of our Class A common stock in amounts and prices determined in accordance with a formula set forth in each such plan:
| Name and Title | Action | Date | Plans | Number of Shares to be Sold | Expiration | |||||||||||||||
| Rule 10b5-1 (1) | Non-Rule 10b5-1 (2) | |||||||||||||||||||
| Lorenzo Simonelli, Chairman, President and Chief Executive Officer | Adoption | February 8, 2024 | X | 228,572 | Earlier of when all shares under plan are sold and February 7, 2025 | |||||||||||||||
| Maria Claudia Borras, Executive Vice President, Oilfield Services and Equipment | Adoption | February 21, 2024 | X | 55,980 | Earlier of when all shares under plan are sold and December 31, 2024 |
(1)Intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)
(2)Not intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)
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