0001209191-17-004077.txt : 20170118
0001209191-17-004077.hdr.sgml : 20170118
20170118123502
ACCESSION NUMBER: 0001209191-17-004077
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170113
FILED AS OF DATE: 20170118
DATE AS OF CHANGE: 20170118
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: MITRE HOUSE 160
STREET 2: ALDERSGATE STREET
CITY: LONDON
STATE: X0
ZIP: EC1A 4DD
BUSINESS PHONE: 7139607640
MAIL ADDRESS:
STREET 1: MITRE HOUSE 160
STREET 2: ALDERSGATE STREET
CITY: LONDON
STATE: X0
ZIP: EC1A 4DD
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Smith Newton Pharr
CENTRAL INDEX KEY: 0001606172
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-05491
FILM NUMBER: 17532911
MAIL ADDRESS:
STREET 1: 2800 POST OAK BLVD
STREET 2: SUITE 5450
CITY: HOUSTON
STATE: TX
ZIP: 77056-6189
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-01-13
1
0000085408
ROWAN COMPANIES PLC
RDC
0001606172
Smith Newton Pharr
2800 POST OAK BLVD.
SUITE 5450
HOUSTON
TX
77056
0
1
0
0
Senior Vice President
Class A Ordinary Shares
2017-01-13
5
F
0
E
18221
19.91
D
75999
D
These shares were surrendered to the Company's employee benefit trust in payment of a tax liability due to the vesting of 60,263 restricted share units (RSUs). Such RSUs vested on January 13, 2017 upon the reporting person's retirement from the Company.
Sales price is the fair market value share price on January 14, 2017.
On January 13, 2017, in connection with the retirement of the reporting person from the Company, the restrictions on all unvested RSUs granted to the reporting person lapsed.
Reporting person holds 19,554 vested Share Appreciation Rights (SARs) granted in 2013 with an exercise price of $34.35. Such SARs must be exercised on or before the earlier of (i) their original expiration date and (ii) the fifth anniversary of the Effective Date of the reporting person's release agreement. In addition, Reporting person holds 4,539 Performance Units (PUs) granted in 2014, 4,695 PUs granted in 2015 and 4,696 PUs granted in 2016. Such PUs will continue to be paid (in cash or in the case of PUs granted in 2016, in cash or shares) upon the original vesting dates, as per their terms based on the Company's relative total shareholder return, and when and as paid to other executives.
/s/ Melanie M. Trent
2017-01-18