WELLS WILLIAM H 4
4 · ROWAN COMPANIES INC · Filed Apr 12, 2011
Insider Transaction Report
Form 4
WELLS WILLIAM H
VP-Finance & CFO
Transactions
- Award
Common Stock
2011-04-11$42.80/sh+9,045$387,171→ 92,601 total - Tax Payment
Common Stock
2011-04-11$42.80/sh−2,392$102,390→ 90,209 total - Tax Payment
Common Stock
2011-04-11$42.80/sh−585$25,041→ 89,624 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 39,061 shares of restricted stock and 13,047 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 36,849 shares of restricted stock and 13,047 shares in the Company's savings plan held by the reporting person.