Edgar Filing: Frank's International N.V.

Ownership Submission

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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Cestero Alejandro

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)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
SVP, General Counsel & Sec.

(Last)

(First)

(Middle)

10260 WESTHEIMER RD.

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2017

(Street)

HOUSTON, TX 77042

4. If Amendment, Date Original Filed(Month/Day/Year)
02/22/2017

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(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)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Restricted Stock Unit ⁽¹⁾

⁽²⁾

02/20/2017

12,812

⁽³⁾

Common Stock

12,812

$ 0

42,059 ⁽⁴⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Cestero Alejandro 10260 WESTHEIMER RD. HOUSTON, TX 77042			SVP, General Counsel & Sec.

Signatures

/s/ Alejandro Cestero, by Joshua K. Hancock, as Attorney-in-Fact		03/21/2017
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	This amendment is being filed to correct a scrivener's error with regards to the number of derivative securities acquired on February 20, 2017. The Form 4 reporting the transaction incorrectly recorded the number of derivative shares as 25,623. The number of derivative shares acquired on February 20, 2017 has been corrected to 12,812. The incorrect number of derivatives was also included on the reporting person's subsequent Form 4 filed on February 27, 2017.
(2)	Each restricted stock unit ("RSU") represents a contingent right to receive, upon vesting, one share of common stock, par value Euro 0.01 per share, of Frank's International N.V.
(3)	The 12,812 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on February 20, 2018.
(4)	Also consists of (i) 12,593 RSUs that will vest ratably in three annual installments beginning on February 23, 2017, (ii) 6,725 RSUs that will vest 50% on September 1, 2017 and 50% on September 1, 2018, and (iii) 9,929 RSUs that will vest in full on December 1, 2018.

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