ATWOOD OCEANICS INC 4
4 · ATWOOD OCEANICS INC · Filed Dec 12, 2016
Insider Transaction Report
Form 4
Polhamus Arthur McGinnis
Vice President, Operations
Transactions
- Exercise/Conversion
Performance-Based Restricted Stock Units
2016-12-08−5,277→ 0 total→ Atwood Oceanics, Inc. Common Stock (5,277 underlying) - Tax Payment
Atwood Oceanics, Inc. Common Stock
2016-12-08$11.97/sh−1,444$17,285→ 26,118 total - Exercise/Conversion
Atwood Oceanics, Inc. Common Stock
2016-12-08+5,277→ 27,562 total
Footnotes (2)
- [F1]The performance-based restricted stock units vested on December 8, 2016, following a three-year performance period, based upon company total shareholder return compared with the total shareholder return of a designated peer group over the vesting period. Vested units were settled in shares of common stock. Units that did not vest were forfeited.
- [F2]Represents shares withheld upon the vesting of performance-based restricted stock units in order to satisfy the reporting person's tax withholding obligation upon such vesting.