WEATHERFORD INTERNATIONAL LTD 4
4 · WEATHERFORD INTERNATIONAL LTD · Filed Mar 2, 2005
Insider Transaction Report
Form 4
PARMIGIANO JAMES N
VP Operational Controller
Transactions
- Award
Phantom Stock Units
[F1][F2]2005-02-28$57.61/sh+25$1,440→ 9,213 total→ Common Shares (25 underlying) - Award
Phantom Stock Units
[F1][F2]2005-02-28+50→ 9,263 total→ Common Shares (50 underlying)
Footnotes (2)
- [F1]The phantom stock units convert to common shares on a one-for-one basis.
- [F2]All phantom stock units credited under the Company's Executive Deferred Compensation Stock Ownership Plan (the "Plan") with respect to deferrals by a participant are 100% vested at all times. All units credited under the Plan with respect to the Company's 7.5% allocation and matching allocation vest at 20% per year for each year of service after January 1, 1993. Distributions under the Plan are made upon termination of employment, retirement or death of the participant.
Signature
Burt M. Martin, by power of attorney|2005-03-02