Vantage Drilling CO 4
4 · Vantage Drilling CO · Filed Jan 14, 2014
Insider Transaction Report
Form 4
OLEARY JOHN C G
Director
Transactions
- Exercise/Conversion
Performance Units
2013-08-19−55,000→ 190,300 totalExp: 2014-09-30→ Ordinary Shares (55,000 underlying) - Exercise/Conversion
Ordinary Shares
2013-08-19+60,500→ 3,377,784 total
Footnotes (1)
- [F1]As previously reported, on August 17, 2011, the reporting person received a grant of 165,000 performance units representing a contingent right to receive up to one and one half ordinary shares based on the performance of the company in each year over a three-year performance period. For the second year of the performance period, the company achieved performance equal to 110% of target performance, and accordingly, the reporting person received vesting and settlement of 60,500 ordinary shares, as shown in Table I.