PERSON BILL S 4
4 · ROWAN COMPANIES INC · Filed Nov 26, 2003
Insider Transaction Report
Form 4
PERSON BILL S
VP-Industrial Relations
Transactions
- Exercise/Conversion
Common Stock
2003-11-24$4.06/sh+12,500$50,781→ 65,691 total - Exercise/Conversion
Option (Right to Buy)
2003-11-24−3,125→ 9,375 totalExercise: $4.06From: 2000-04-22Exp: 2009-04-22→ Common Stock (3,125 underlying)
Footnotes (1)
- [F1]Reflects the Reporting Person's aggregated directly-owned shares (63,962) and indirectly-owned shares (1,729), the latter being shares in the Rowan Common Stock Fund under the Company's 401(k) plan (a unitized plan) at September 30, 2003, such number of shares, which fluctuates, being calculated as equivalent values base upon the value of the total units divided by the corresponding closing price of the underlying Rowan Common Stock on that date.