WEATHERFORD INTERNATIONAL LTD 4

4 · WEATHERFORD INTERNATIONAL LTD · Filed Sep 2, 2005

Form 4

Period: 2005-08-31

Sr VP Human Resources

Transactions

Sale
Common Shares, $1.00 par value
2005-09-01$68.00/sh−100,000$6,800,000→ 33,150 total
Exercise/Conversion
Common Shares, $1.00 par value
2005-09-01$36.75/sh+100,000$3,675,000→ 133,150 total
Award
Phanton Stock Units
2005-08-31+68→ 18,092 total
→ Common Shares (68 underlying)
Award
Phantom Stock Units
2005-08-31$64.22/sh+34$2,183→ 18,023 total
→ Common Shares (34 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2005-09-01−100,000→ 0 total
Exercise: $36.75From: 2003-07-05Exp: 2013-07-04→ Common Shares (100,000 underlying)

Holdings

Stock Option (Right to Buy)
Exercise: $35.15From: 2006-12-18Exp: 2016-12-17→ Common Shares (32,500 underlying)
32,500
Common Shares, $1.00 par value
(indirect: By 401(k))
1,222
Stock Option (Right to Buy)
Exercise: $23.77From: 2005-09-26Exp: 2015-09-25→ Common Shares (100,000 underlying)
100,000

Footnotes (3)

[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. Distributions under the Plan are made upon termination of employment, retirement or death of the participant.
[F3]Transaction is an option exercise and therefore has no price.

Documents

1 file