VOEGELE BRIAN C 4
4 · PRIDE INTERNATIONAL INC · Filed Mar 11, 2011
Insider Transaction Report
Form 4
VOEGELE BRIAN C
Sr Vice President and CFO
Transactions
- Exercise/Conversion
Common Stock
2011-03-09+6,137→ 128,567 total - Exercise/Conversion
Performance-Based Restricted Stock Units
2011-03-09−6,262→ 12,523 totalExp: 2013-03-15→ Common Stock (6,137 underlying)
Footnotes (2)
- [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]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.