Golden Jack E 4
4 · Ensco plc · Filed Jun 5, 2018
Insider Transaction Report
Form 4
Ensco plcESV
Golden Jack E
Director
Transactions
- Exercise/Conversion
Restricted Share Units
2018-06-01−7,933→ 15,866 total→ Class A Ordinary Shares (7,933 underlying) - Exercise/Conversion
Class A Ordinary Shares
2018-06-01+7,933→ 85,433 total - Tax Payment
Class A Ordinary Shares
2018-06-01$6.58/sh−2,801$18,431→ 82,632 total - Award
Restricted Share Units
2018-06-01+30,396→ 30,396 total→ Class A Ordinary Shares (30,396 underlying)
Footnotes (5)
- [F1]The restricted share units convert into Class A ordinary shares on a one-for-one basis upon vesting, and the reporting person is required to pay the aggregate nominal value (par value), $0.10 per share, of our Class A ordinary shares actually issued in accordance with U.K. corporate law. In connection with the transaction reported above, the reporting person paid $513.20 to Ensco plc with respect to the shares actually issued upon vesting of the restricted share units. The remaining 2,801 shares were withheld and not issued to satisfy certain tax withholding obligations.
- [F2]These shares were withheld upon vesting to enable the reporting person to satisfy tax withholding obligations that arose upon such vesting, which will be paid by the issuer to the appropriate taxing authority in cash.
- [F3]Upon the vesting of our restricted share units, the reporting person is required to pay the aggregate nominal value (par value), $0.10 per share, of our Class A ordinary shares actually issued, in accordance with U.K. corporate law.
- [F4]On June 1, 2018, the reporting person was granted 30,396 restricted share units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
- [F5]On November 1, 2017, the reporting person was granted 23,799 restricted share units, vesting in three equal annual installments beginning on June 1, 2018.