HAY MARK H 4

4 · ROWAN COMPANIES INC · Filed Jun 17, 2005

Form 4

Period: 2005-06-15

Secretary & Asst. Treasurer

Transactions

Exercise/Conversion
Common Stock
2005-06-15$13.12/sh+4,677$61,362→ 25,677 total
Exercise/Conversion
Option (Right to Buy)
2005-06-15−4,677→ 1,559 total
Exercise: $13.12From: 2002-09-20Exp: 2011-09-20→ Common Stock (4,677 underlying)
Exercise/Conversion
Common Stock
2005-06-15$22.00/sh+6,000$132,000→ 21,000 total
Sale
Common Stock
2005-06-15$29.50/sh−18,127$534,747→ 10,900 total
Sale
Common Stock
2005-06-15$29.52/sh−600$17,712→ 10,000 total
Exercise/Conversion
Common Stock
2005-06-15$18.25/sh+5,000$91,250→ 15,000 total
Exercise/Conversion
Option (Right to Buy)
2005-06-15−3,350→ 3,350 total
Exercise: $6.19From: 2004-04-25Exp: 2013-04-25→ Common Stock (3,350 underlying)
Exercise/Conversion
Common Stock
2005-06-15$6.19/sh+3,350$20,737→ 29,027 total
Exercise/Conversion
Option (Right to Buy)
2005-06-15−5,000→ 0 total
Exercise: $18.25From: 2001-04-27Exp: 2010-04-27→ Common Stock (5,000 underlying)
Exercise/Conversion
Option (Right to Buy)
2005-06-15−6,000→ 0 total
Exercise: $22.00From: 2002-04-26Exp: 2011-04-26→ Common Stock (6,000 underlying)
Sale
Common Stock
2005-06-15$29.51/sh−300$8,853→ 10,600 total

Footnotes (4)

[F1]This option vested in four installments on April 27, 2001, 2002, 2003 and 2004.
[F2]This option vested in four installments on April 26, 2002, 2003, 2004 and 2005.
[F3]This option vests in four installments on September 20, 2002, 2003, 2004 and 2005 with the first three being exercised herein.
[F4]This option vests in four installments on April 25, 2004, 2005, 2006 and 2007 with the first two being exercised herein..

Documents

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