4//SEC Filing
Burke Thomas Peter 4
Accession 0001104659-19-020930
CIK 0000314808other
Filed
Apr 10, 8:00 PM ET
Accepted
Apr 11, 7:47 PM ET
Size
17.3 KB
Accession
0001104659-19-020930
Insider Transaction Report
Form 4
Burke Thomas Peter
DirectorCEO and President
Transactions
- Award
Share Option (right to buy)
2019-04-11+244,025→ 244,025 totalExercise: $25.58From: 2021-02-22Exp: 2024-02-22→ Class A Ordinary Shares (244,025 underlying) - Award
Class A Ordinary Shares
2019-04-11+222,576→ 222,576 total - Award
Share Appreciation Right
2019-04-11+21,594→ 21,594 totalExercise: $51.60From: 2019-04-11Exp: 2022-03-07→ Class A Ordinary Shares (21,594 underlying) - Award
Class A Ordinary Shares
2019-04-11+575,745→ 798,321 total - Award
Share Appreciation Right
2019-04-11+18,385→ 18,385 totalExercise: $61.40From: 2019-04-11Exp: 2021-02-25→ Class A Ordinary Shares (18,385 underlying) - Award
Share Appreciation Right
2019-04-11+32,078→ 32,078 totalExercise: $49.97From: 2019-04-11Exp: 2023-03-06→ Class A Ordinary Shares (32,078 underlying)
Footnotes (7)
- [F1]Pursuant to the Transaction Agreement, dated as of October 7, 2019, between Ensco plc ("Ensco") and Rowan Companies plc ("Rowan"), Ensco acquired the entire issued and to be issued share capital of Rowan on April 11, 2019 (the "Transaction"). At the effective time of the Transaction, each Class A ordinary share of Rowan issued and outstanding immediately prior to such time was converted into the right to receive 2.750 shares of Ensco's Class A ordinary shares. Immediately following the effective time of the Transaction, Ensco effected a consolidation whereby every four existing Class A ordinary shares of Ensco were consolidated into one Class A ordinary share of Ensco, and Ensco changed its name to "Ensco Rowan plc." On the trading day immediately prior to the effective time of the Transaction, the closing price of Ensco was $3.97 per share, and the closing price of Rowan was $10.93 per share.
- [F2]Represents Ensco restricted share units received by the reporting person at the effective time of the Transaction in exchange for his restricted share units to acquire 837,448 Class A ordinary shares of Rowan, which may be settled only in ordinary shares upon vesting.
- [F3]Represents Ensco share appreciation right received by the reporting person at the effective time of the Transaction in exchange for his share appreciation right to acquire 26,742 Class A ordinary shares of Rowan.
- [F4]Represents Ensco share appreciation right received by the reporting person at the effective time of the Transaction in exchange for his share appreciation right to acquire 31,410 Class A ordinary shares of Rowan.
- [F5]Represents Ensco share appreciation right received by the reporting person at the effective time of the Transaction in exchange for his share appreciation right to acquire 46,659 Class A ordinary shares of Rowan.
- [F6]Represents Ensco share option received by the reporting person at the effective time of the Transaction in exchange for his share option to acquire 354,946 Class A ordinary shares of Rowan.
- [F7]The option cliff vests on the fourth anniversary of the original grant date, which was February 22, 2017.
Documents
Issuer
Ensco Rowan plc
CIK 0000314808
Entity typeother
Related Parties
1- filerCIK 0001479353
Filing Metadata
- Form type
- 4
- Filed
- Apr 10, 8:00 PM ET
- Accepted
- Apr 11, 7:47 PM ET
- Size
- 17.3 KB