ATWOOD OCEANICS INC 4
4 · ATWOOD OCEANICS INC · Filed Nov 23, 2015
Insider Transaction Report
Form 4
Gidley John K
VP, Health Safety & Environ.
Transactions
- Award
Restricted Stock Units
2015-11-19+9,844→ 20,803 total→ Atwood Oceanics, Inc. Common Stock (9,844 underlying) - Award
Performance-Based Restricted Stock Units
2015-11-19+9,623→ 13,838 totalFrom: 2019-03-15Exp: 2019-03-15→ Atwood Oceanics, Inc. Common Stock
Footnotes (3)
- [F1]Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- [F2]These shares of common stock were granted as a Restricted Stock Unit Award under the Atwood Oceanics, Inc. 2013 Long-Term Incentive Plan. One-hundred percent (100%) of the restricted stock unit award vests at the end of three (3) years.
- [F3]The performance-based restricted stock units vest after a three-year period in an amount ranging from 0-200% of the units awarded based upon company total shareholder return compared with the total shareholder return of a designated peer group over the vesting period. The units provide for payment of all earned shares in common stock following the end of the three-year period.