DAWSON MICHAEL R 4
4 · GLOBALSANTAFE CORP · Filed Jan 4, 2006
Insider Transaction Report
Form 4
DAWSON MICHAEL R
Sr VP and CFO
Transactions
- Award
Stock Appreciation Right
2006-01-03+41,600→ 41,600 totalExercise: $49.50From: 2007-01-03Exp: 2016-01-03→ Ordinary Shares, $0.01 par value (41,600 underlying)
Holdings
- 9,967
Ordinary Shares, $0.01 par value
- 3,273(indirect: By 401(k))
Ordinary Shares, $0.01 par value
Footnotes (3)
- [F1]Since his most recent report under Section 16(a), the reporting person acquired one (1) share under the 401(k) Plan in a non-reportable transaction, which shares are included in the 401(k) Plan end-of-period holdings indicated.
- [F2]Each stock appreciation right entitles the grantee to receive upon exercise ordinary shares of GlobalSantaFe Corporation of a value equal to the difference between the exercise price and the fair market value of one share at the date of exercise.
- [F3]First vesting date. The stock appreciation rights vest and become exercisable in three equal increments on the first three anniversaries of the grant date.