ROWAN COMPANIES PLC 4
4 · ROWAN COMPANIES PLC · Filed May 30, 2017
Insider Transaction Report
Form 4
PILENKO THIERRY
Director
Transactions
- Award
Restricted Share Units
2017-05-25+15,111→ 15,111 total→ Class A Ordinary Shares (15,111 underlying)
Footnotes (3)
- [F1]Each deferred restricted share unit represents a contingent right to receive one Class A Ordinary Share of Rowan Companies plc, or at the discretion of the Compensation Committee, such settlement may be made in cash, shares or a combination.
- [F2]The restricted share units vest on the earlier of May 25, 2018 or the date of the next annual meeting of shareholders but are not settled until departure from the Board.
- [F3]Includes 15,111 deferred restricted shares units which settle upon departure from the Board, in cash, shares or a combination, at the discretion of the Compensation Committee.