4//SEC Filing
PRIDE INTERNATIONAL INC 4
Accession 0001209191-05-021377
CIK 0000833081operating
Filed
Apr 19, 8:00 PM ET
Accepted
Apr 20, 2:25 PM ET
Size
18.3 KB
Accession
0001209191-05-021377
Insider Transaction Report
Form 4
FIRST RESERVE CORP
Director10% Owner
Transactions
- Sale
Common Stock
2005-04-19$23.01/sh−284,000$6,535,408→ 8,084,571 total(indirect: See FN)
FIRST RESERVE GP IX INC
10% Owner
Transactions
- Sale
Common Stock
2005-04-19$23.01/sh−284,000$6,535,408→ 8,084,571 total(indirect: See FN)
FIRST RESERVE GP IX L P
10% Owner
Transactions
- Sale
Common Stock
2005-04-19$23.01/sh−284,000$6,535,408→ 8,084,571 total(indirect: See FN)
FIRST RESERVE FUND IX L P
10% Owner
Transactions
- Sale
Common Stock
2005-04-19$23.01/sh−284,000$6,535,408→ 8,084,571 total(indirect: See FN)
FIRST RESERVE GP VII L P
10% Owner
Transactions
- Sale
Common Stock
2005-04-19$23.01/sh−284,000$6,535,408→ 8,084,571 total(indirect: See FN)
FIRST RESERVE GP VIII L P
10% Owner
Transactions
- Sale
Common Stock
2005-04-19$23.01/sh−284,000$6,535,408→ 8,084,571 total(indirect: See FN)
FIRST RESERVE FUND VII L P
10% Owner
Transactions
- Sale
Common Stock
2005-04-19$23.01/sh−284,000$6,535,408→ 8,084,571 total(indirect: See FN)
FIRST RESERVE FUND VIII L P
10% Owner
Transactions
- Sale
Common Stock
2005-04-19$23.01/sh−284,000$6,535,408→ 8,084,571 total(indirect: See FN)
Footnotes (3)
- [F1]The sale of all of these shares by the Reporting Persons was made pursuant to the provisions of Rule 10b5-1(c). Of the 284,000 shares sold as reported herein, First Reserve Fund VII, Limited Partnership ("Fund VII"), sold 13,400 shares, First Reserve Fund VIII, L.P. ("Fund VIII"), sold 159,065 shares, and First Reserve Fund IX, L.P. ("Fund IX"), sold 111,535 shares. The Reporting Persons are filing this Form 4 to satisfy potential filing obligations. Notwithstanding this filing, each of the Reporting Persons disclaims that it is a person required to report transactions pursuant to Section 16.
- [F2]Consists of 381,218 shares of common stock held directly by Fund VII; 4,525,271 shares of common stock held directly by Fund VIII; 3,173,062 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 8,084,571 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 typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000833081
Filing Metadata
- Form type
- 4
- Filed
- Apr 19, 8:00 PM ET
- Accepted
- Apr 20, 2:25 PM ET
- Size
- 18.3 KB