DOTSON GEORGE S 4
4 · ATWOOD OCEANICS INC · Filed Oct 10, 2017
Insider Transaction Report
Form 4
DOTSON GEORGE S
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2017-10-06−19,157→ 0 total→ Atwood Oceanics, Inc. Common Stock (19,157 underlying) - Disposition to Issuer
Atwood Oceanics, Inc. Common Stock
2017-10-06−48,008→ 0 total
Footnotes (2)
- [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 76,812 class A ordinary shares of Parent and a cash payment for fractional shares pursuant to the Merger Agreement.
- [F2]Pursuant to the Merger Agreement, these Restricted Stock Units were canceled and converted into the right to receive 30,651 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.