Russell David Patrick 4
4 · ROWAN COMPANIES INC · Filed May 6, 2010
Insider Transaction Report
Form 4
Russell David Patrick
Executive V.P. - Drilling
Transactions
- Tax Payment
Common Stock
2010-05-05$28.89/sh−3,433$99,179→ 118,696 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 5, 2010.
- [F2]Sales price is the volume weighted average stock price on May 5, 2010.
- [F3]Includes 92,323 shares of restricted stock held by the reporting person and 10,369 shares held in such reporting person's savings plan account.