ROWAN COMPANIES PLC 4
4 · ROWAN COMPANIES PLC · Filed May 2, 2016
Insider Transaction Report
Form 4
FOX WILLIAM T III
Director
Transactions
- Disposition to Issuer
Ordinary Shares
2016-04-28−27,293→ 38,943 total - Exercise/Conversion
Ordinary Shares
2016-04-28+54,586→ 66,236 total - Exercise/Conversion
Restricted Share Units
2016-04-28−54,586→ 0 totalFrom: 2016-04-28Exp: 2016-04-28→ Ordinary Shares (54,586 underlying)
Footnotes (2)
- [F1]Upon the reporting person's retirement from the Board of Directors of the Company, 54,586 restricted share units were settled, of which 27,293 were settled for Class A ordinary shares on a one-for-one basis and 27,293 were settled in cash at the market price of $18.595 per ordinary share. A portion of the cash was retained by the Company for UK tax obligations.
- [F2]See footnote (1) above.