<SEC-DOCUMENT>0001193125-16-767027.txt : 20161114
<SEC-HEADER>0001193125-16-767027.hdr.sgml : 20161111
<ACCEPTANCE-DATETIME>20161114081632
ACCESSION NUMBER:		0001193125-16-767027
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20161111
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20161114
DATE AS OF CHANGE:		20161114

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Frank's International N.V.
		CENTRAL INDEX KEY:			0001575828
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL, GAS FIELD SERVICES, NBC [1389]
		IRS NUMBER:				981107145
		STATE OF INCORPORATION:			P7
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36053
		FILM NUMBER:		161990744

	BUSINESS ADDRESS:	
		STREET 1:		MASTENMAKERSWEG 1
		CITY:			DEN HELDER
		STATE:			P7
		ZIP:			1786 PB
		BUSINESS PHONE:		31223670000

	MAIL ADDRESS:	
		STREET 1:		POSTBUS 9182
		CITY:			AMSTERDAM
		STATE:			P7
		ZIP:			1006 AD
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d293287d8k.htm
<DESCRIPTION>8-K
<TEXT>
<HTML><HEAD>
<TITLE>8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM 8-K
</B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>CURRENT REPORT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Pursuant
to Section&nbsp;13 or 15(d) of the </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Securities Exchange Act of 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>November 11, 2016 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Date
of Report (Date of earliest event reported) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>Frank&#146;s
International N.V. </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of Registrant as specified in its charter) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>The Netherlands</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>001-36053</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>98-1107145</B></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or other jurisdiction</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>of incorporation)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Commission</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>File Number)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(IRS Employer</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification Number)</B></P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Mastenmakersweg 1 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>1786 PB Den Helder, The Netherlands </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address of principal executive offices) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>+31 (0)22 367 0000 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Registrant&#146;s telephone number, including area code) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top">Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top">Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On November&nbsp;14, 2016, Frank&#146;s International N.V. (the
&#147;<B>Company</B>&#148;) announced the appointment by the board of managing directors (the &#147;<B>Management Board</B>&#148;) and the board of supervisory directors (the &#147;<B>Supervisory Board</B>&#148;) of Douglas Stephens to serve as
President and Chief Executive Officer, succeeding Gary P. Luquette, effective November&nbsp;15, 2016. Mr.&nbsp;Luquette will remain an employee and serve as a special advisor to the Company through December&nbsp;31, 2016 to assist in transitioning
his duties to his successor and will remain a non-executive member of the Supervisory Board until our next annual meeting of shareholders; he will also serve as a consultant to the Company during the year 2017. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Stephens, age 53, previously served as President, Pressure Pumping, of Baker Hughes Incorporated from June 2012 to November
2016.&nbsp;Prior to joining Baker Hughes, Mr.&nbsp;Stephens was Vice President and Global Account Director at Schlumberger Limited from June 2009 until June 2012. Previously, Mr.&nbsp;Stephens served in various positions of leadership at
Schlumberger and as a member of the board of directors of Packers Plus. Mr.&nbsp;Stephens has over 28 years of experience in the oilfield services sector and holds a B.A.S. in mechanical engineering from the University of British Columbia. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to an offer letter agreement between Mr.&nbsp;Stephens and the Company (the &#147;<B>Offer Letter</B>&#148;), Mr.&nbsp;Stephens will
be paid an annual base salary of $650,000 and will be eligible for an annual incentive bonus beginning in 2017, based on performance criteria determined by the Supervisory Board or a committee thereof with an expected target bonus opportunity equal
to 100% of his base salary. Beginning in 2017, Mr.&nbsp;Stephens will be eligible to receive, pursuant to the Company&#146;s long-term incentive plan, annual grants of equity-based incentive awards equal to 300% of his annual base salary. In
addition, Mr.&nbsp;Stephens will receive an initial grant of restricted stock units with a grant date value of $325,000 that will vest 1/3&nbsp;per year on each of the first, second, and third anniversaries of the grant date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Offer Letter provides that Mr.&nbsp;Stephens will be eligible to participate in the Company&#146;s benefit plans and programs generally
available to the Company&#146;s senior executives, including the Executive Change in Control Severance Plan, which provides severance in the event of a qualifying termination following a change in control. In connection with his employment,
Mr.&nbsp;Stephens will be expected to agree to certain restrictive covenants generally applicable to other executive officers of the Company, including non-competition and non-solicitation provisions and customary non-disclosure and confidentiality
provisions. He will also enter into an indemnification agreement for his service as an officer, consistent with the form of indemnity agreement entered into by other executive officers and directors of the Company, as previously disclosed by the
Company. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The foregoing description of the Offer Letter is qualified by reference to the full text of the Offer Letter, a copy of which
will be filed as an exhibit to the Company&#146;s Annual Report on Form 10-K for the year ended December&nbsp;31, 2016. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">There are no
other understandings or arrangements between Mr.&nbsp;Stephens and any other person pursuant to which Mr.&nbsp;Stephens was selected to serve as principal executive officer and president. Mr.&nbsp;Stephens does not have any relationships requiring
disclosure under Item&nbsp;401(d) of Regulation S-K or any interests requiring disclosure under Item&nbsp;404(a) of Regulation S-K. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In
connection with Mr.&nbsp;Luquette&#146;s separation from the Company and pursuant to a Separation, Consulting, and General Release Agreement entered into between Mr.&nbsp;Luquette, the Company and its employing subsidiary effective as of November
11, 2016 (the &#147;<B>Agreement</B>&#148;), Mr.&nbsp;Luquette is entitled to certain transition payments and benefits that are contingent on (a)&nbsp;his execution and non-revocation of certain releases, which waive and release claims against the
Company and related parties for any liability relating to his employment; (b)&nbsp;his continued employment through December&nbsp;31, 2016 to help transition his duties to his successor; (c)&nbsp;his service as a consultant to the Company and the
Supervisory Board for a 12-month period following his separation date; and (d)&nbsp;his compliance with certain restrictive covenants, including customary confidentiality provisions and non-competition and non-solicitation restrictions. Such
payments and benefits under his Agreement include the following: (i)&nbsp;payment of $750,000, to be provided in equal monthly payments over the 12-month period following his separation date, (ii)&nbsp;payment of an annual bonus for 2017, in the
amount of $750,000, with payment to be made in the first quarter of 2018 on the date that annual bonuses are customarily paid by the Company; (iii)&nbsp;for up to 18 months following his separation, continued health coverage and reimbursement of
premium costs under the Company&#146;s group health plan to effectuate the same premium rate paid </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
by active senior executive employees of the Company; (iv)&nbsp;a grant of restricted stock units in 2017, pursuant to the Company&#146;s long-term incentive plan, with an aggregate value on the
date of grant of $3 million, vesting ratably in three annual installments (&#147;<B>2017 LTIP Award</B>&#148;); and (v)&nbsp;continued vesting of his unvested restricted stock units that were granted in 2016 (&#147;<B>2016 RSUs</B>&#148;), as well
as his 2017 LTIP Award, during the remainder of the vesting schedule provided under each of the applicable award agreements, subject to certain restrictive covenants that remain in effect through the completion of the relevant vesting schedules
included therein. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The foregoing description of the Agreement is qualified by reference to the full text of the Agreement, a copy of which
will be filed as an exhibit to the Company&#146;s Annual Report on Form 10-K for the year ended December&nbsp;31, 2016. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;7.01 Regulation FD
Disclosure. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On November&nbsp;14, 2016, the Company issued a press release announcing the leadership transition described in this
Current Report on Form 8-K. A copy of the press release is attached hereto as Exhibit 99.1. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The information contained in 7.01 of this
Current Report on Form 8-K, including the information contained in Exhibit 99.1 attached hereto, shall not be deemed to be &#147;filed&#148; for purposes of section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to
liabilities of that section, and is not incorporated by reference into any registration statement or other filing under the Securities Act of 1933, as amended, except as otherwise expressly stated in such filing. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;9.01 Financial Statements and Exhibits </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) Exhibits </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" ALIGN="center"><B>Exhibit</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:28.45pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Number</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:91.20pt; font-size:8pt; font-family:Times New Roman"><B>Description of the Exhibits</B></P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Press Release dated November 14, 2016.</TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="45%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3" NOWRAP><B>Frank&#146;s International N.V.</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>Date: November&nbsp;14, 2016</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Alejandro Cestero</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Name: Alejandro Cestero</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Senior Vice President, General Counsel and Secretary</TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d293287dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.1 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="right">


<IMG SRC="g293287g10e49.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>FOR IMMEDIATE RELEASE </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Frank&#146;s International Announces the Appointment of Douglas Stephens as President and Chief Executive Officer </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">HOUSTON, November&nbsp;14, 2016 &#150; Frank&#146;s International N.V. (&#147;Frank&#146;s&#148; or the &#147;Company&#148;) (NYSE: FI) today announced that
its Board of Supervisory Directors has named Douglas Stephens as President and Chief Executive Officer effective November&nbsp;15, 2016. Mr.&nbsp;Stephens was most recently with Baker Hughes, Inc. where he was President of the global pressure
pumping division and responsible for its worldwide tubular running and pressure pumping business. Prior to Baker Hughes, Mr.&nbsp;Stephens held various positions of increasing responsibility for over 20 years with Schlumberger Limited, including
assignments in the United States, Oman, Italy, Egypt and the United Kingdom. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Stephens will succeed Gary Luquette, who has served
as President and CEO since January 2015. Mr.&nbsp;Luquette will remain with the Company to assist in the transition until December&nbsp;31, 2016. He will also continue as a Supervisory Director until the next Annual Meeting of Shareholders in May
2017, when Mr.&nbsp;Stephens will be recommended to the shareholders for election to the Supervisory Board. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Michael Kearney, Chairman of
Frank&#146;s Board, commented, &#147;The Board of Supervisory Directors is extremely excited to have Douglas join the Frank&#146;s team at this important juncture in the long, highly successful history of the Company. We have complete confidence in
Douglas based on his leadership abilities and extensive, worldwide oil service experience. As our Board considered candidates for our leadership succession plan, Douglas became a clear choice to continue the success achieved by our prior CEOs.&#148;
</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Kearney continued &#147;Keith Mosing, the grandson of the founder of Frank&#146;s who began the
business in 1938, created the international component of the Company and drove the growth and profitability of Frank&#146;s for over three decades as CEO until handing over the Chief Executive duties to Gary Luquette. Gary agreed to assume the role
of CEO in January 2015 and serve as both a continuing Board member and transitional CEO that would take on the critical mandate of transforming the Company&#146;s operations from that of a private company to that of a public company. On behalf of
the entire Board as well as Frank&#146;s employees, I want to thank Gary for his significant contributions to the Company, which are even more impressive when considering the severe industry downturn which began as he was commencing his tenure as
CEO. His leadership has allowed the Company to successfully make the transition from private to public. We wish Gary the very best in his future endeavors.&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Douglas Stephens commented, &#147;I am joining Frank&#146;s with a great deal of enthusiasm. This is a company with high respect in the
industry and significant potential for future growth. The confidence shown by the Board in asking me to lead the organization is greatly appreciated. I look forward to working with all of Frank&#146;s employees, and continuing the traditions
embodied in the <I>One Frank&#146;s</I> culture and our commitment to providing safety and excellent service delivery to customers worldwide.&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Luquette commented, &#147;I appreciate the trust that the Board has placed in me as President and CEO for the past two years and I am
grateful for the opportunity to lead this great </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
company. I also want to thank the entire Frank&#146;s team for their unwavering support. Finally, a special thanks to Keith Mosing and the entire Mosing family for allowing me to carry on the
great legacy they created over Frank&#146;s nearly 80-year history.&#148; </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>About Douglas Stephens </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Stephens has over 25 years of international and domestic oil field service experience in a wide variety of environments with companies including
Schlumberger and Baker Hughes. He started his career as a field engineer in Italy with Schlumberger and spent the first several years working in operational and front line management roles in continental Europe, the North Sea, North Africa and the
Middle East. Mr.&nbsp;Stephens led the Europe, Africa and CIS region before moving back to North America where he assumed a wide&nbsp;variety&nbsp;of responsibilities. Over the span of his career he has been involved in almost all aspects of the oil
field service industry, including Sales and Marketing, Product Development, Human Resource management and Executive leadership positions.&nbsp;Mr.&nbsp;Stephens has been a leader in a wide variety of services and technologies including managing a
global TRS business, and has lived in 10 different countries. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Stephens earned a degree in Applied Science in Mechanical
Engineering from the University of British Columbia in Vancouver BC and is a member of the SPE, AADE and SEG. He and his family reside in Houston, Texas. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Forward-Looking Statements </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This press release contains forward-looking statements within the meaning of Section&nbsp;27A of the Securities Act and Section&nbsp;21E of the Securities
Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Frank&#146;s expects, believes or anticipates will or may occur in the
future are forward-looking statements. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Forward-looking statements are based on certain assumptions made by Frank&#146;s based on
management&#146;s experience, expectations and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Forward-looking statements are not guarantees of performance. Although
Frank&#146;s believes the expectations reflected in its forward-looking statements are reasonable and are based on reasonable assumptions, no assurance can be given that these assumptions are accurate or that any of these expectations will be
achieved (in full or at all) or will prove to have been correct. Moreover, such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Frank&#146;s, which may cause actual results to
differ materially from those implied or expressed by the forward-looking statements. These include the factors discussed or referenced in the &#147;Risk Factors&#148; section of Frank&#146;s Annual Report on Form 10-K for the year ended
December&nbsp;31, 2015 that has been filed with the SEC and in Frank&#146;s Quarterly Report on Form 10-Q for the quarter ended September&nbsp;30, 2016 that has been filed with the SEC. Any forward-looking statement speaks only as of the date on
which such statement is made, and Frank&#146;s undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law, and we caution you
not to rely on them unduly. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>... </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Frank&#146;s International N.V. is a global oil services company that provides a broad and comprehensive range of highly engineered tubular services to
leading exploration and production companies in both offshore and onshore environments, with a focus on complex and technically demanding wells. Founded in 1938, Frank&#146;s has approximately 3,000 employees and provides services in over 60
countries on six continents.&nbsp;The Company&#146;s common stock is traded on the NYSE under the symbol &#147;FI.&#148;&nbsp;Additional information is available on the Company&#146;s website, www.franksinternational.com. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Contacts </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Blake Holcomb, Director &#150; Investor
Relations </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">blake.holcomb@franksintl.com </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">713-231-2463 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Karen Allen, Director &#150; Communications and External Affairs </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">karen.allen@franksintl.com </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">713-358-7325 </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">10260 Westheimer Road,
Suite 700 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Houston, Texas 77042 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">281-966-7300 Telephone </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">800-827-6020
Toll Free </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">281-558-7883 Fax </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">www.franksinternational.com </P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g293287g10e49.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g293287g10e49.jpg
M_]C_X  02D9)1@ !  $ 8 !@  #__@ ?3$5!1"!496-H;F]L;V=I97,@26YC
M+B!6,2XP,0#_VP"$  @&!@<&!0@'!P<*"0@*#18.#0P,#1L3%! 6(!PB(1\<
M'QXC*#,K(R8P)AX?+#TM,#4V.3HY(BL_0SXX0S,X.3<!"0H*#0L-&@X.&C<D
M'R0W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W-S<W
M-S<W-S<W-__$ :(   $% 0$! 0$!           ! @,$!08'" D*"P$  P$!
M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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MO,/[1LO^@2/^^W_QHYUV"WF']HV7_0)'_?;_ .-'.NP6\P_M&R_Z!(_[[?\
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MZ$$4*.Y<L2N6,ELWJ=+9WUIJ%N+BRN8KB$G >-@PS]146L=,91DKQ=R>@H*
;"@ H * "@ H * "@ H * "@ H * "@ H __9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
