4//SEC Filing
WEDEMEYER PHIL D 4
Accession 0001104659-19-021414
CIK 0000314808other
Filed
Apr 14, 8:00 PM ET
Accepted
Apr 15, 6:50 PM ET
Size
9.6 KB
Accession
0001104659-19-021414
Insider Transaction Report
Form 4
WEDEMEYER PHIL D
Director
Transactions
- Exercise/Conversion
Restricted Share Units
2019-04-11−11,565→ 0 total→ Class A Ordinary Shares (11,565 underlying) - Tax Payment
Class A Ordinary Shares
2019-04-11$16.37/sh−4,083$66,839→ 26,620 total - Exercise/Conversion
Class A Ordinary Shares
2019-04-11+11,565→ 30,703 total
Footnotes (3)
- [F1]On April 11, 2019, Ensco Rowan plc (the "Company") effected a 1 for 4 reverse stock split. All share counts on this Form 4 are represented on a post-split basis.
- [F2]The reporting person's restricted share units vested as a result of his retirement from the board of directors of the Company. Upon the vesting of the restricted share units, the reporting person was required to pay the aggregate nominal value (par value), $0.40 per share (on a post-split basis), 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 $2,992.80 to the Company with respect to the shares actually issued upon vesting of the restricted share units.
- [F3]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.
Documents
Issuer
Ensco Rowan plc
CIK 0000314808
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001229159
Filing Metadata
- Form type
- 4
- Filed
- Apr 14, 8:00 PM ET
- Accepted
- Apr 15, 6:50 PM ET
- Size
- 9.6 KB