0001144204-19-017142.txt : 20190329
0001144204-19-017142.hdr.sgml : 20190329
20190329214454
ACCESSION NUMBER: 0001144204-19-017142
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190327
FILED AS OF DATE: 20190329
DATE AS OF CHANGE: 20190329
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SANDVOLD TORE I
CENTRAL INDEX KEY: 0001287699
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-05491
FILM NUMBER: 19718577
MAIL ADDRESS:
STREET 1: C/O SCHLUMBERGER LIMITED
STREET 2: 5999 SAN FELIPE, 17TH FLOOR
CITY: HOUSTON
STATE: TX
ZIP: 77056
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ROWAN COMPANIES PLC
CENTRAL INDEX KEY: 0000085408
STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381]
IRS NUMBER: 981023315
STATE OF INCORPORATION: X0
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: CANNON PLACE, 78 CANNON STREET
CITY: LONDON
STATE: X0
ZIP: EC4N 6AF
BUSINESS PHONE: 7136217800
MAIL ADDRESS:
STREET 1: 2800 POST OAK BOULEVARD, SUITE 5450
CITY: HOUSTON
STATE: TX
ZIP: 77056
FORMER COMPANY:
FORMER CONFORMED NAME: ROWAN COMPANIES INC
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: ROWAN DRILLING CO INC
DATE OF NAME CHANGE: 19711110
FORMER COMPANY:
FORMER CONFORMED NAME: ROWAN DRILLING CO
DATE OF NAME CHANGE: 19671112
4
1
tv517639_form4.xml
FORM 4
X0306
4
2019-03-27
0
0000085408
ROWAN COMPANIES PLC
RDC
0001287699
SANDVOLD TORE I
2800 POST OAK BLVD.,
SUITE 5450
HOUSTON
TX
77056
1
0
0
0
Class A Ordinary Shares
2019-03-27
4
M
0
35629
0
A
60149
D
Class A Ordinary Shares
2019-03-27
4
F
0
4229
11.15
D
55920
D
Restricted Share Units
2019-03-27
4
M
0
35629
0
D
Class A Ordinary Shares
35629
0
D
Pursuant to the approval by the compensation committee of the Board of Directors (the "Compensation Committee") of Rowan Companies plc. (the "Company"), on March 27, 2019, the Reporting Person's restricted share units were accelerated in full.
Restricted share units converted into Class A Ordinary Shares on a one-to-one basis pursuant to the election of the Compensation Committee.
These shares were surrendered for tax payment upon vesting of restricted share units on March 27, 2019.
Sales price is the fair market value on Wednesday, March 27, 2019.
Each restricted share unit represents a contingent right to receive cash, one Class A Ordinary Share of the Company, or a combination thereof, at the discretion of the Compensation Committee.
Each restricted share unit vests on the earlier of the first anniversary of the date of the grant or the date of the next annual general meeting of shareholders of the Company. Each restricted share unit settles upon vesting. Each restricted share unit settles in cash, Class A Ordinary Shares of the Company, or a combination thereof, at the discretion of the Compensation Committee.
/s/ Mark F. Mai, Attorney-in-Fact
2019-03-29