X0303 4 2011-01-03 0000833081 PRIDE INTERNATIONAL INC PDE 0001292850 Bane Lonnie D 5847 SAN FELIPE, SUITE 3300 HOUSTON TX 77057 0 1 0 0 SrVP - Human Resources & Admin Common Stock 2011-01-03 4 A 0 9656 0 A 73072 D Common Stock 2011-01-04 4 S 0 7380 31.95 D 65692 D Stock Options (right to buy) 32.47 2011-01-03 4 A 0 26910 0 A 2021-01-03 Common Stock 26910 26910 D Performance-Based Restricted Stock Units 2011-01-03 4 A 0 11084 0 A 2014-03-15 2014-03-15 Common Stock 11084 D The total number of shares beneficially owned by the reporting person includes 171 shares and 196 shares that were purchased through the employee stock purchase plan for the six months ended June 30, 2010 and December 31, 2010, respectively. This sale was effected pursuant to a Rule 10b5-1 trading plan. This transaction was executed in multiple trades at prices ranging from $31.51 to $32.27. The price reported 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. The options become exercisable in three equal annual installments beginning on January 3, 2012. The performance-based restricted stock units vest as to one-third annually over a three-year period in an amount ranging from 0-150% of the units awarded based upon company total shareholder return compared with the total shareholder return of a designated peer group over a performance period corresponding to the vesting periods. The units provide for payment of all earned shares in common stock following the end of the three-year period. Elizabeth Wright, attorney-in-fact 2011-01-05