4//SEC Filing
ROWAN COMPANIES PLC 4
Accession 0001209191-14-054770
CIK 0000085408operating
Filed
Aug 27, 8:00 PM ET
Accepted
Aug 28, 10:22 AM ET
Size
6.2 KB
Accession
0001209191-14-054770
Insider Transaction Report
Form 4
HEARNE GRAHAM
Director
Transactions
- Award
Restricted Share Units (RSUs)
2014-08-26+135→ 40,752 total→ Class A Ordinary Shares (135 underlying)
Footnotes (3)
- [F1]Each restricted share unit (RSU) represents a contingent right to receive one Class A Ordinary Share of Rowan Companies plc.
- [F2]On August 26, 2014, the Company paid a dividend of $0.10 per share on its Class A Ordinary Shares. The Reporting Person received the number of restricted share units shown above in lieu of such cash dividend.
- [F3]Upon forefeiture of an annual RSU award prior to vesting, any RSUs credited to the Reporting Person in lieu of cash dividends with respect to such forfeited RSUs are also forfeited. RSUs are settled after the final termination date of the Reporting Person's service as a director. At the election of the Compensation Committee, such settlement may be made in cash or common shares of the Company.
Documents
Issuer
ROWAN COMPANIES PLC
CIK 0000085408
Entity typeoperating
IncorporatedUnited Kingdom
Related Parties
1- filerCIK 0000085408
Filing Metadata
- Form type
- 4
- Filed
- Aug 27, 8:00 PM ET
- Accepted
- Aug 28, 10:22 AM ET
- Size
- 6.2 KB