ROWAN COMPANIES PLC 4
4 · ROWAN COMPANIES PLC · Filed May 5, 2015
Insider Transaction Report
Form 4
FOX WILLIAM T III
Director
Transactions
- Award
Restricted Share Units
2015-05-01+9,385→ 53,721 total→ Class A Ordinary Shares (9,385 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 May 1, 2016 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.