Gidley John K 4
4 · ATWOOD OCEANICS INC · Filed Oct 10, 2017
Insider Transaction Report
Form 4
Gidley John K
VP, Health Safety & Environ.
Transactions
- Disposition to Issuer
Atwood Oceanics, Inc. Common Stock
2017-10-06−12,331→ 0 total - Disposition to Issuer
Performance-Based Restricted Stock Units
2017-10-06−31,601→ 0 total→ Atwood Oceanics, Inc. Common Stock (31,601 underlying) - Disposition to Issuer
Atwood Oceanics, Inc. Common Stock
2017-10-06−62→ 0 total(indirect: By Spouse) - Disposition to Issuer
Restricted Stock Units
2017-10-06−56,971→ 0 total→ Atwood Oceanics, Inc. Common Stock (56,971 underlying)
Footnotes (4)
- [F1]On May 29, 2017, the Issuer entered into an Agreement and Plan of Merger with Ensco PLC ("Parent") and Echo Merger Sub LLC (the "Merger Agreement"). Pursuant to the Merger Agreement, on October 6, 2017, these shares were cancelled and converted into the right to receive 19,729 class A ordinary shares of Parent and a cash payment for fractional shares pursuant to the Merger Agreement.
- [F2]Pursuant to the Merger Agreement, on October 6, 2017, these shares were cancelled and converted into the right to receive 99 class A ordinary shares of Parent and a cash payment for fractional shares pursuant to the Merger Agreement. The actual number of class A ordinary shares of Parent issued to the spouse of the reporting person was reduced by an amount necessary to satisfy applicable tax withholding obligations.
- [F3]Pursuant to the Merger Agreement, these Performance-Based Restricted Stock Units were canceled and converted into the right to receive 78,982 class A ordinary shares of Parent and a cash payment for fractional shares pursuant to the Merger Agreement. The actual number of class A ordinary shares of Parent issued to the reporting person was reduced by an amount necessary to satisfy applicable tax withholding obligations.
- [F4]Pursuant to the Merger Agreement, these Restricted Stock Units were canceled and converted into the right to receive 91,153 class A ordinary shares of Parent and a cash payment for fractional shares pursuant to the Merger Agreement. The actual number of class A ordinary shares of Parent issued to the reporting person was reduced by an amount necessary to satisfy applicable tax withholding obligations.