SEC Form 4 · accession 0001594590-16-000239
PARAGON OFFSHORE PLC · PGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Patrick Reddy
Director
Period of report
May 19, 2016
Accepted (ET)
May 23, 2016 · 4:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001594590
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares of the Issuer, par value $0.01 per shareF1 | May 19, 2016 | M | 86,705 | — | A | 142,989 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | May 19, 2016 | M | 86,705 | D | — | — | Ordinary Shares of the Issuer, par value $0.01 per share | 86,705 | 0 | D |
Explanation of responses
- F1Restricted stock units, which are one-for-one ordinary share equivalents, acquired by the reporting person on May 1, 2015 pursuant to the Issuer's long term incentive plan and vested immediately prior to the Issuer's annual general meeting of shareholders on May 19, 2016.