SIMMONS R BLAKE 4
4 · GLOBALSANTAFE CORP · Filed Jan 4, 2006
Insider Transaction Report
Form 4
SIMMONS R BLAKE
Pres, ADTI
Transactions
- Award
Stock Appreciation Right
2006-01-03+28,800→ 28,800 totalExercise: $49.50From: 2007-01-03Exp: 2016-01-03→ Ordinary Shares, $0.01 par value (28,800 underlying)
Footnotes (2)
- [F1]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.
- [F2]First vesting date. The stock appreciation rights vest and become exercisable in three equal increments on the first three anniversaries of the grant date.