ROWAN COMPANIES INC 4
4 · ROWAN COMPANIES INC · Filed Mar 28, 2005
Insider Transaction Report
Form 4
PROVINE WILLIAM C
Vice President
Transactions
- Exercise/Conversion
Common Stock
2005-03-24$13.12/sh+1,800$23,616→ 100,073 total - Exercise/Conversion
Option (Right to Buy)
2005-03-24−1,800→ 5,216 totalExercise: $13.12From: 2003-09-20Exp: 2011-09-20→ Common Stock (1,800 underlying)
Footnotes (1)
- [F1]Reflects the Reporting Person's aggregated directly-owned and indirectly-owned shares (5,584), the latter being shares in the Rowan Common Stock Fund under the Company's 401(k) plan (a unitized plan) at February 28, 2005, such number of shares, which fluctuates, being calculated as equivalent values based upon the value of the total units divided by the corresponding closing price of the uderlying Rowan Common Stock on that date.