Woodall Terry D 4
4 · ROWAN COMPANIES INC · Filed Mar 7, 2011
Insider Transaction Report
Form 4
Woodall Terry D
VP - Human Resources
Transactions
- Sale
Common Stock
2011-03-04$43.01/sh−11,525$495,713→ 33,077 total - Tax Payment
Common Stock
2011-03-05$42.96/sh−657$28,225→ 32,420 total
Footnotes (4)
- [F1]This transaction was executed in multiple trades at prices ranging from $42.992 to $43.111. The price above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F2]Includes 21,376 shares of restricted stock and 3,071 shares in a 401(k) held by the reporting person.
- [F3]These shares were sold to the company in payment of a tax liability due to the vesting of restricted stock awarded to the reporting person. Such restricted stock vested on March 5, 2011.
- [F4]Sales price is the volume weighted average stock price on March 4, 2011.