4//SEC Filing
LAUSEN FREDERICK R 4
Accession 0001209191-09-024903
CIK 0000085408other
Filed
May 6, 8:00 PM ET
Accepted
May 7, 9:58 AM ET
Size
6.2 KB
Accession
0001209191-09-024903
Insider Transaction Report
Form 4
LAUSEN FREDERICK R
Director
Transactions
- Award
Restricted Stock Units
2009-05-05+3,000→ 17,169 total→ Common Stock (3,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Rowan Companies, Inc. common stock.
- [F2]The units vest on the date of the next annual meeting of stockholders. Vested shares (including any dividends) will be delivered to the reporting person after the final termination date of the reporting person's service on the Board of Directors. At the election of the Compensation Committee, such payout may be made in cash or shares.
Documents
Issuer
ROWAN COMPANIES INC
CIK 0000085408
Entity typeother
Related Parties
1- filerCIK 0001183345
Filing Metadata
- Form type
- 4
- Filed
- May 6, 8:00 PM ET
- Accepted
- May 7, 9:58 AM ET
- Size
- 6.2 KB