4//SEC Filing
FIRST RESERVE GP VII L P 4
Accession 0001209191-05-003220
CIK 0000833081other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 3:48 PM ET
Size
16.8 KB
Accession
0001209191-05-003220
Insider Transaction Report
Form 4
FIRST RESERVE CORP
Director10% Owner
Transactions
- Sale
Common Stock
2005-01-13$21.37/sh−2,000,000$42,734,800→ 15,054,421 total(indirect: See FN)
FIRST RESERVE FUND VIII L P
10% Owner
Transactions
- Sale
Common Stock
2005-01-13$21.37/sh−2,000,000$42,734,800→ 15,054,421 total(indirect: See FN)
FIRST RESERVE FUND IX L P
10% Owner
Transactions
- Sale
Common Stock
2005-01-13$21.37/sh−2,000,000$42,734,800→ 15,054,421 total(indirect: See FN)
FIRST RESERVE GP IX INC
10% Owner
Transactions
- Sale
Common Stock
2005-01-13$21.37/sh−2,000,000$42,734,800→ 15,054,421 total(indirect: See FN)
FIRST RESERVE GP VII L P
10% Owner
Transactions
- Sale
Common Stock
2005-01-13$21.37/sh−2,000,000$42,734,800→ 15,054,421 total(indirect: See FN)
FIRST RESERVE GP IX L P
10% Owner
Transactions
- Sale
Common Stock
2005-01-13$21.37/sh−2,000,000$42,734,800→ 15,054,421 total(indirect: See FN)
FIRST RESERVE GP VIII L P
10% Owner
Transactions
- Sale
Common Stock
2005-01-13$21.37/sh−2,000,000$42,734,800→ 15,054,421 total(indirect: See FN)
FIRST RESERVE FUND VII L P
10% Owner
Transactions
- Sale
Common Stock
2005-01-13$21.37/sh−2,000,000$42,734,800→ 15,054,421 total(indirect: See FN)
Footnotes (3)
- [F1]The sale of all of these shares by the Reporting Persons, as well as all previous sales of the Issuer's Common Stock in 2004 (which previous sales were reported), were made pursuant to the provisions of Rule 10b5-1(c). Of the 2,000,000 shares sold as reported herein, First Reserve Fund VII, Limited Partnership ("Fund VII"), sold 94,360 shares, First Reserve Fund VIII, L.P. ("Fund VIII"), sold 1,120,160 shares, and First Reserve Fund IX, L.P. ("Fund IX"), sold 785,480 shares.
- [F2]Consists of 710,078 shares of common stock held directly by Fund VII; 8,429,008 shares of common stock held directly by Fund VIII; 5,910,315 shares of common stock held directly by Fund IX; and 5,020 shares of restricted common stock issued to William E. Macaulay in his capacity as a Director of the Issuer, for an aggregate of 15,054,421 shares of Common Stock. Each of the Funds (as defined in Footnote 3) has an interest in a portion of the proceeds from the aforementioned restricted common stock issued to Mr. Macaulay. Mr. Macaulay disclaims beneficial ownership of any securities of the Issuer held by the Funds.
- [F3]First Reserve Corporation ("First Reserve") is the general partner of First Reserve GP VII, L.P. ("GP VII") and First Reserve GP VIII, L.P. ("GP VIII"), which, in turn, are the general partners of Fund VII and Fund VIII, respectively. First Reserve GP IX, Inc. ("GP IX Inc.") is the general partner of First Reserve GP IX, L.P. ("GP IX"), which, in turn, is the general partner of Fund IX. First Reserve is also the investment advisor to Fund IX. The direct and indirect general partners of Fund VII, Fund VIII and Fund IX, respectively (the "Funds"), may be deemed to share beneficial ownership of the shares reported herein held by each such fund. Other than First Reserve in its capacity as the indirect general partner of Fund VII and Fund VIII, each of the Funds and their respective direct and indirect general partners disclaim beneficial ownership of the shares held by the other Funds.
Documents
Issuer
PRIDE INTERNATIONAL INC
CIK 0000833081
Entity typeother
Related Parties
1- filerCIK 0001233490
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 3:48 PM ET
- Size
- 16.8 KB