SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
DUROC-DANNER BERNARD J

(Last) (First) (Middle)
515 POST OAK BLVD., STE. 600

(Street)
HOUSTON TX 77027

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WEATHERFORD INTERNATIONAL LTD [ WFT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO, President & Chairman
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/10/2005
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares, $1.00 par value 02/10/2005 M 25,000 A $5.367 70,206 I By limited partnership(1)
Common Shares, $1.00 par value 02/10/2005 M 200,000 A $8.37 270,206 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 2,300 D $57 267,906 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 2,400 D $57.01 265,506 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 8,700 D $57.02 256,806 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 2,700 D $57.03 254,106 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 3,300 D $57.04 250,806 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 8,400 D $57.05 242,406 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 1,600 D $57.06 240,806 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 2,100 D $57.07 238,706 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 1,900 D $57.08 236,806 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 6,000 D $57.09 230,806 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 7,000 D $57.1 223,806 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 8,500 D $57.11 215,306 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 2,400 D $57.12 212,906 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 4,800 D $57.13 208,106 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 7,100 D $57.14 201,006 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 9,100 D $57.15 191,906 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 1,700 D $57.16 190,206 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 6,600 D $57.17 183,606 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 8,300 D $57.18 175,306 I By limited partnership
Common Shares, $1.00 par value 02/10/2005 S 2,300 D $57.19 173,006 I By limited partnership
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $5.367 02/10/2005 M 25,000 05/19/1995 05/19/2005 Common Shares 25,000 (2) 0 I By limited partnership
Employee Stock Option (Right to Buy) $8.37 02/10/2005 M 200,000 03/26/1996 03/26/2006 Common Shares 200,000 (2) 0 I By limited partnership
Employee Stock Option (Right to Buy) $17.822 05/06/1997 05/06/2007 Common Shares 25,000 25,000 I By limited partnership
Employee Stock Option (Right to Buy) $11.615 09/08/2001 09/07/2011 Common Shares 273,096 273,096 I By limited partnership
Employee Stock Option (Right to Buy) $23.71 12/03/2002 12/02/2012 Common Shares 89,371 89,371 I By limited partnership
Employee Stock Option (Right to Buy) $36.75 07/05/2003 07/04/2013 Common Shares 206,804 206,804 I By limited partnership
Employee Stock Option (Right to Buy) $23.77 09/26/2005 09/25/2015 Common Shares 296,338 296,338 I By limited partnership
Employee Stock Option (Right to Buy) $35.15 12/18/2006 12/17/2016 Common Shares 185,000 185,000 D
Explanation of Responses:
1. This amended Form 4 has been filed to correct information reported in the Form 4 filed by the Reporting Person on February 10, 2005. The previously filed Form 4 contained information regarding a previous transaction that had already been reported and was filed inadvertently.
2. Transaction is an option exercise and therefore has no price.
Remarks:
This is the first of two Forms 4 filed by the Reporting Person on the same date.
Burt M. Martin, by power of attorney 02/14/2005
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.