Russell David Patrick 4
4 · ROWAN COMPANIES INC · Filed May 18, 2010
Insider Transaction Report
Form 4
Russell David Patrick
Executive V.P. - Drilling
Transactions
- Tax Payment
Common Stock
2010-05-17$25.58/sh−1,151$29,443→ 120,797 total - Award
Common Stock
2010-05-17+4,352→ 121,948 total
Footnotes (4)
- [F1]On May, 17, 2010, the Company's Compensation Committee awarded these shares to the reporting person in settlement of perfomance shares granted in May 2007.
- [F2]Includes 88,164 shares of restricted stock held by the reporting person and 10,369 shares held in his savings plan acount.
- [F3]These shares were sold to the company in payment of a tax liability due to the settlement of the May 2007 performance share award.
- [F4]The sales price is the average stock price on May 14, 2010.