Russell David Patrick 4
4 · ROWAN COMPANIES INC · Filed Apr 12, 2011
Insider Transaction Report
Form 4
Russell David Patrick
Executive V.P. - Drilling
Transactions
- Award
Common Stock
2011-04-11$42.80/sh+15,734$673,494→ 115,027 total - Tax Payment
Common Stock
2011-04-11$42.80/sh−5,248$224,641→ 109,779 total - Tax Payment
Common Stock
2011-04-11$42.80/sh−1,017$43,533→ 108,762 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 66,660 shares of restricted stock and 10,326 shares in the Company's savings plan 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 62,812 shares of restricted stock and 10,326 shares in the Company's savings plan held by the reporting person.