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4//SEC Filing

MOYNIHAN COLIN B 4

Accession 0001209191-06-026784

CIK 0000085408other

Filed

May 1, 8:00 PM ET

Accepted

May 2, 2:41 PM ET

Size

6.2 KB

Accession

0001209191-06-026784

Insider Transaction Report

Form 4
Period: 2006-04-28
Transactions
  • Award

    Restricted Stock Units

    2006-04-28+2,0002,000 total
    Common Stock (2,000 underlying)
Footnotes (2)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of Rowan Companies, Inc. common stock.
  • [F2]The restricted stock units vest on the date of the next annual meeting of stockholders. Vested shares (and any accrued dividends) will be delivered to the reporting person after the final termination date of the reporting person's service on the Board of Directors. At the election of the Compensation Committee, such payout may be made in cash or shares.

Issuer

ROWAN COMPANIES INC

CIK 0000085408

Entity typeother

Related Parties

1
  • filerCIK 0001183348

Filing Metadata

Form type
4
Filed
May 1, 8:00 PM ET
Accepted
May 2, 2:41 PM ET
Size
6.2 KB