4//SEC Filing
LOOSER W GREGORY 4
Accession 0001292850-11-000049
CIK 0000833081other
Filed
Mar 10, 7:00 PM ET
Accepted
Mar 11, 8:21 PM ET
Size
13.1 KB
Accession
0001292850-11-000049
Insider Transaction Report
Form 4
LOOSER W GREGORY
SrVP/General Counsel/Secretary
Transactions
- Sale
Common Stock
2011-03-10$41.29/sh−45,457$1,876,920→ 101,802 total - Exercise/Conversion
Common Stock
2011-03-10$16.40/sh+45,457$745,495→ 147,259 total - Exercise/Conversion
Performance-Based Restricted Stock Units
2011-03-09−6,262→ 12,523 totalExp: 2013-03-15→ Common Stock (6,137 underlying) - Exercise/Conversion
Stock Options (right to buy)
2011-03-10−45,457→ 41,684 totalExercise: $16.40Exp: 2019-01-02→ Common Stock (45,457 underlying) - Exercise/Conversion
Common Stock
2011-03-09+6,137→ 101,802 total
Footnotes (4)
- [F1]Such date reflects the date on which the Compensation Comittee certified the level of achievement with respect to such performance-based restricted stock units.
- [F2]This transaction was executed in multiple trades at prices ranging from $41.19 to $41.38. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]The performance-based restricted stock units vest as to one-third annually over a three-year period in an amount ranging from 0-150% of the units awarded based upon company total shareholder return compared with the total shareholder return of a designated peer group over a performance period corresponding to the vesting periods. The units provide for payment of all earned shares in common stock following the end of the three-year period.
- [F4]The options become exercisable in three equal annual installments beginning on January 2, 2010.
Documents
Issuer
PRIDE INTERNATIONAL INC
CIK 0000833081
Entity typeother
Related Parties
1- filerCIK 0001272822
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 7:00 PM ET
- Accepted
- Mar 11, 8:21 PM ET
- Size
- 13.1 KB