Filing Details

Accession Number:
0001209191-10-058556
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-06 14:23:41
Reporting Period:
2010-12-02
Filing Date:
2010-12-06
Accepted Time:
2010-12-06 14:23:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
85408 Rowan Companies Inc RDC Drilling Oil & Gas Wells (1381) 750759420
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1314253 Patrick David Russell 2800 Post Oak Blvd
Suite 5450
Houston TX 77056
Executive V.p. - Drilling No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-12-02 12,391 $30.90 108,412 No 4 F Direct
Common Stock Disposition 2010-12-02 12,500 $32.05 95,912 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 S Direct
Footnotes
  1. 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 December 2, 2010.
  2. Sales price is the average of the high and low stock trading price on December 1, 2010.
  3. Includes 54,169 shares of restricted stock held by the reporting person and 10,375 shares held in such reporting person's savings plan account.
  4. This transaction was executed in multiple trades at prices ranging from $31.99 to $32.1075. The price reported above reflects the weighted average sale 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.