ROWAN COMPANIES INC·4

Jan 3, 9:17 AM ET

WHEELER PATRICK GLYN 4

4 · ROWAN COMPANIES INC · Filed Jan 3, 2006

Insider Transaction Report

Form 4
Period: 2005-12-31
WHEELER PATRICK GLYN
Assistant Treasurer
Transactions
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-12-313,3500 total
    Exercise: $6.19Exp: 2013-04-25Common Stock (3,350 underlying)
  • Award

    Employee Stock Option (right to buy)

    2005-12-31+3,3503,350 total
    Exercise: $21.19Exp: 2013-04-25Common Stock (3,350 underlying)
Footnotes (1)
  • [F1]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on April 25, 2003 and provides for vesting in four equal installments commencing on April 25, 2004.

Documents

1 file
  • 4
    doc4.xmlPrimary

    FORM 4 SUBMISSION