EADS RODNEY W 4
4 · PRIDE INTERNATIONAL INC · Filed Jan 6, 2009
Insider Transaction Report
Form 4
EADS RODNEY W
EVP and COO
Transactions
- Award
Stock Options (right to buy)
2009-01-02+176,947→ 176,947 totalExercise: $17.58Exp: 2019-01-02→ Common Stock (176,947 underlying) - Award
Common Stock
2009-01-02+65,824→ 149,552 total - Tax Payment
Common Stock
2009-01-03$17.58/sh−688$12,095→ 146,565 total - Tax Payment
Common Stock
2009-01-02$17.58/sh−2,299$40,416→ 147,253 total
Footnotes (3)
- [F1]The total number of shares beneficially owned by the reporting person includes 724 shares that were purchased through the employee stock purchase plan for 2008.
- [F2]The reporting person disposed of these shares directly to the issuer upon the vesting of previously awarded restricted stock and restricted stock units. The purpose of the disposition was to enable the reporting person to satisfy tax withholding obligations that arose upon such vesting, which will be paid by the issuer to the Internal Revenue Service in cash.
- [F3]The option becomes exercisable in three equal annual installments beginning on January 2, 2010.