Woodall Terry D 4
4 · ROWAN COMPANIES INC · Filed May 1, 2012
Insider Transaction Report
Form 4
Woodall Terry D
VP - Human Resources
Transactions
- Tax Payment
Common Stock
2012-04-30$34.64/sh−6,257$216,742→ 36,590 total
Footnotes (3)
- [F1]These shares were sold to the Company in payment of a tax liability due to the acceleration of vesting of restricted stock in connection with Mr. Woodall's retirement on April 30, 2012.
- [F2]Sales price is the average stock price on April 30, 2012.
- [F3]Includes 3,348 shares held in a savings plan account as of March 31, 2012. On April 30, 2012, pursuant to an agreement with the Company, the restrictions on all unvested shares granted to the reporting person lapsed.