WEATHERFORD INTERNATIONAL LTD 4
4 · WEATHERFORD INTERNATIONAL LTD · Filed Dec 3, 2007
Insider Transaction Report
Form 4
MARTIN BURT M
Sr VP, General Counsel & Sec
Transactions
- Award
Phantom Stock Units
2007-11-30$62.18/sh+46$2,860→ 38,965 total→ Common Shares (46 underlying) - Award
Phantom Stock Units
2007-11-30+93→ 39,058 total→ Common Shares (93 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. Distributions under the Plan are made upon termination of employment, retirement or death of the participant.