4//SEC Filing
MCBRIDE RALPH D 4
Accession 0001292850-11-000086
CIK 0000833081other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 7:18 PM ET
Size
19.9 KB
Accession
0001292850-11-000086
Insider Transaction Report
Form 4
MCBRIDE RALPH D
Director
Transactions
- Disposition to Issuer
Stock Options (right to purchase)
2011-05-31−6,969→ 0 totalExercise: $17.19Exp: 2014-05-18→ Common Stock (6,969 underlying) - Disposition to Issuer
Common Stock
2011-05-31−44,489→ 0 total - Disposition to Issuer
Stock Options (right to purchase)
2011-05-31−8,042→ 0 totalExercise: $13.39Exp: 2012-01-02→ Common Stock (8,042 underlying) - Disposition to Issuer
Stock Options (right to purchase)
2011-05-31−7,291→ 0 totalExercise: $18.72Exp: 2015-01-03→ Common Stock (7,291 underlying)
Footnotes (9)
- [F1]The reporting person disposed of these shares pursuant to the Agreement and Plan of Merger, dated as of February 6, 2011, as amended (the "Merger Agreement"), among Pride International, Inc. ("Pride"), Ensco plc ("Ensco"), ENSCO International Incorporated and ENSCO Ventures LLC, in exchange for $15.60 in cash and 0.4778 American Depositary Shares, representing Class A ordinary shares of Ensco (each an "Ensco ADS"), per share of Pride common stock. Any fractional shares will be paid in cash.
- [F2]Share amounts and exercise price reflect an anti-dilution adjustment made in connection with the August 24, 2009 spin-off of Seahawk Drilling, Inc.
- [F3]The options vested in two equal installments on January 2, 2003 and January 2, 2004.
- [F4]Pursuant to the Merger Agreement, Pride stock options fully vest and are assumed by Ensco in the merger and replaced with options to purchase Ensco ADSs, with the same terms and conditions as the original Pride stock options, except that (i) the number of Ensco ADSs purchasable upon exercise of each assumed option is equal to the number of shares of Pride common stock that were purchasable multiplied by 0.7617 and rounded down to the nearest whole Ensco ADS and (ii) the per share exercise price under such assumed option was adjusted by dividing the per share exercise price under such Pride stock option by 0.7617 and rounding up to the nearest whole cent.
- [F5]The options vested in two equal installments on January 2, 2004 and January 2, 2005.
- [F6]The options vested in two equal installments on May 31, 2005 and May 31, 2006.
- [F7]The options vested in two equal installments on January 3, 2006 and January 3, 2007.
- [F8]The options vested in two equal installments on January 12, 2007 and January 12, 2008.
- [F9]The options vested in two equal installments on January 3, 2008 and January 3, 2009.
Documents
Issuer
PRIDE INTERNATIONAL INC
CIK 0000833081
Entity typeother
Related Parties
1- filerCIK 0001189374
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 7:18 PM ET
- Size
- 19.9 KB