MOYNIHAN COLIN B 4
4 · ROWAN COMPANIES PLC · Filed Apr 29, 2013
Insider Transaction Report
Form 4
MOYNIHAN COLIN B
Director
Transactions
- Award
Restricted Share Units
2013-04-26+6,281→ 37,251 total→ Class A Ordinary Shares (6,281 underlying)
Footnotes (2)
- [F1]Each restricted share unit represents a contingent right to receive one Class A Ordinary Share of Rowan Companies plc.
- [F2]The restricted share units vest on the earlier of April 26, 2014 or the date of the next annual meeting of shareholders. Settlement of the restricted share units (including dividends) occurs upon termination of the reporting person's service on the Board of Directors. At the election of the Compensation Committee, such settlement may be made in cash, shares or a combination.