4//SEC Filing
CLARK JAMES RODERICK 4
Accession 0000314808-19-000098
CIK 0000314808other
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 6:55 PM ET
Size
20.7 KB
Accession
0000314808-19-000098
Insider Transaction Report
Form 4
CLARK JAMES RODERICK
Director
Transactions
- Tax Payment
Class A Ordinary Shares
2019-06-01$8.37/sh−2,436$20,389→ 18,118 total - Exercise/Conversion
Restricted Share Units
2019-06-01−2,533→ 5,066 total→ Class A Ordinary Shares (2,533 underlying) - Exercise/Conversion
Class A Ordinary Shares
2019-06-01+2,637→ 18,021 total - Exercise/Conversion
Class A Ordinary Shares
2019-06-01+1,727→ 15,384 total - Exercise/Conversion
Restricted Share Units
2019-06-01−2,637→ 2,637 total→ Class A Ordinary Shares (2,637 underlying) - Exercise/Conversion
Class A Ordinary Shares
2019-06-01+2,533→ 20,554 total - Exercise/Conversion
Restricted Share Units
2019-06-01−1,727→ 0 total→ Class A Ordinary Shares (1,727 underlying) - Award
Restricted Share Units
2019-06-03+22,806→ 22,806 total→ Class A Ordinary Shares (22,806 underlying)
Footnotes (10)
- [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), $0.40 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 $446.80 to Ensco Rowan plc ("EnscoRowan") with respect to the shares actually issued upon vesting of the restricted share units. The remaining 610 shares were withheld and not issued to satisfy certain tax withholding obligations.
- [F10]On June 3, 2019, the reporting person was granted 22,806 restricted share units, vesting on the first anniversary of the grant date.
- [F2]On April 11, 2019, EnscoRowan effected a 1 for 4 reverse stock split. All share counts on this Form 4 are represented on a post-split basis.
- [F3]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), $0.40 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 $682.40 to EnscoRowan with respect to the shares actually issued upon vesting of the restricted share units. The remaining 931 shares were withheld and not issued to satisfy certain tax withholding obligations.
- [F4]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), $0.40 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 $655.20 to EnscoRowan with respect to the shares actually issued upon vesting of the restricted share units. The remaining 895 shares were withheld and not issued to satisfy certain tax withholding obligations.
- [F5]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.
- [F6]On June 1, 2016, the reporting person was granted 20,727 restricted share units, vesting in three equal annual installments beginning on the first anniversary of the grant date. On April 11, 2019, EnscoRowan effected a 1 for 4 reverse stock split. All share counts on this Form 4 are represented on a post-split basis.
- [F7]On June 1, 2017, the reporting person was granted 31,647 restricted share units, vesting in three equal annual installments beginning on the first anniversary of the grant date. On April 11, 2019, EnscoRowan effected a 1 for 4 reverse stock split. All share counts on this Form 4 are represented on a post-split basis.
- [F8]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. On April 11, 2019, EnscoRowan effected a 1 for 4 reverse stock split. All share counts on this Form 4 are represented on a post-split basis.
- [F9]Upon the vesting of our restricted share units, the reporting person is required to pay the aggregate nominal value (par value), $0.40 per share, of our Class A ordinary shares actually issued, in accordance with U.K. corporate law.
Documents
Issuer
Ensco Rowan plc
CIK 0000314808
Entity typeother
Related Parties
1- filerCIK 0001185146
Filing Metadata
- Form type
- 4
- Filed
- Jun 3, 8:00 PM ET
- Accepted
- Jun 4, 6:55 PM ET
- Size
- 20.7 KB