WELLS WILLIAM H 4
4 · ROWAN COMPANIES PLC · Filed Sep 11, 2012
Insider Transaction Report
Form 4
WELLS WILLIAM H
VP-Finance & CFO
Transactions
- Tax Payment
Common Stock
2012-09-07$36.15/sh−10,191$368,405→ 84,920 total
Footnotes (3)
- [F1]These shares were sold to the Company in payment of a tax liability due to the vesting of restricted shares awarded to the reporting person. Such restricted shares vested on September 7, 2012 upon the reporting person's retirement from the Company.
- [F2]Sales price is the volume weighted average share price on September 7, 2012.
- [F3]Includes 13,201 shares held in a savings plan account as of August 31, 2012. On Septebmer 7, 2012, in connection with the retirement of the reporting person from the Company, the restrictions on all unvested restricted shares granted to the reporting person lapsed.