SEC Form 4 · accession 0000008411-15-000118
ATWOOD OCEANICS INC · ATW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry Michael Smith
Officer — Sr. VP - Technical Services
Period of report
Nov 19, 2015
Accepted (ET)
Nov 23, 2015 · 5:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000008411
Table I — non-derivative securities
No Table I lines on this filing.
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,F2 | — | Nov 19, 2015 | A | 22,438 | A | — | — | Atwood Oceanics, Inc. Common Stock | 22,438 | 39,785 | D |
| Performance-Based Restricted Stock UnitsF3 | — | Nov 19, 2015 | A | 21,935 | A | Mar 15, 2019 | Mar 15, 2019 | Atwood Oceanics, Inc. Common Stock | — | 46,644 | D |
Explanation of responses
- F1Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- F2These shares of common stock were granted as a Restricted Stock Unit Award under the Atwood Oceanics, Inc. 2013 Long-Term Incentive Plan. One-hundred percent (100%) of the restricted stock unit award vests at the end of three (3) years.
- F3The performance-based restricted stock units vest after a three-year period in an amount ranging from 0-200% of the units awarded based upon company total shareholder return compared with the total shareholder return of a designated peer group over the vesting period. The units provide for payment of all earned shares in common stock following the end of the three-year period.