PARAGON OFFSHORE PLC 4
4 · PARAGON OFFSHORE PLC · Filed Jun 2, 2016
Insider Transaction Report
Form 4
Veltmann Alejandra
VP - CAO
Transactions
- Exercise/Conversion
Ordinary Shares of the Issuer, par value $0.01 per share
2016-06-01+15,625→ 15,625 total - Exercise/Conversion
Restricted Stock Units
2016-06-01−15,625→ 31,250 total→ Ordinary Shares of the Issuer, par value $0.01 per share (15,625 underlying) - Tax Payment
Ordinary Shares of the Issuer, par value $0.01 per share
2016-06-01$0.66/sh−5,102$3,367→ 10,523 total
Footnotes (2)
- [F1]Restricted stock units, which are one-for-one ordinary share equivalents, acquired by the reporting person on June 1, 2015 pursuant to the Issuer's long term incentive plan and vest in three equal annual installments beginning on the first anniversary of the grant date.
- [F2]These shares were forfeited to satisfy tax obligations related to the vesting of the reporting person's restricted stock unit award.