Russell David Patrick 4
4 · ROWAN COMPANIES INC · Filed May 9, 2011
Insider Transaction Report
Form 4
Russell David Patrick
Executive V.P. - Drilling
Transactions
- Tax Payment
Common Stock
2011-05-05$37.91/sh−4,731$179,352→ 104,057 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, 2011.
- [F2]Sales price is the volume weighted average stock price on May 5, 2011.
- [F3]Includes 49,830 shares of restricted stock and 10,352 shares in the Company's 401K plan held by the reporting person.