BUVENS JOHN L 4
4 · ROWAN COMPANIES INC · Filed Apr 12, 2011
Insider Transaction Report
Form 4
BUVENS JOHN L
Executive V.P. - Legal
Transactions
- Tax Payment
Common Stock
2011-04-11$42.80/sh−2,471$105,771→ 90,802 total - Award
Common Stock
2011-04-11$42.80/sh+9,045$387,171→ 93,273 total - Tax Payment
Common Stock
2011-04-11$42.80/sh−585$25,041→ 90,217 total
Footnotes (5)
- [F1]The company's Compensation Committee awarded these shares to the reporting person in settlement of perfomance shares granted in April 2008.
- [F2]The sales price is the average stock price on April 8, 2011.
- [F3]Includes 39,685 shares of restricted stock held by the reporting person.
- [F4]These shares were sold to the company in payment of a tax liability due to the settlement of the April 2008 performance share award and the vesting of an April 2008 restricted stock award.
- [F5]Includes 37,473 shares of restricted stock held by the reporting person.