Russell David Patrick 4
4 · ROWAN COMPANIES INC · Filed May 18, 2009
Insider Transaction Report
Form 4
Russell David Patrick
Executive V.P. - Drilling
Transactions
- Tax Payment
Common Stock
2009-05-17$17.41/sh−403$7,016→ 106,768 total
Footnotes (3)
- [F1]These shares were sold to the company in payment of a tax liability due to the vesting of restricted stock awarded to the reporting person. Such restricted stock vested on May 17, 2009.
- [F2]Sales price is the average of the high and low stock price on May 15, 2009.
- [F3]Includes 10,348 shares held in the Company's savings plan and 84,796 shares of restricted stock held by the reporting person.