SEC Form 4 · accession 0000008411-16-000281
ATWOOD OCEANICS INC · ATW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter A Baker
Officer — Sr Vice Pres., General Counsel
Period of report
Nov 21, 2016
Accepted (ET)
Nov 22, 2016 · 4:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000008411
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 21, 2016 | M | 6,540 | — | A | 23,541 | D | |
| Common StockF2 | Nov 21, 2016 | F | 1,789 | $8.35 | D | 21,752 | 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,F3 | — | Nov 21, 2016 | M | 6,540 | D | — | — | Atwood Oceanics, Inc. Common Stock | 6,540 | 115,059 | D |
Explanation of responses
- F1Restricted stock units convert into Common Stock on a one-for-one basis.
- F2Shares automatically withheld and sold upon vesting to satisfy tax withholding obligations.
- F3These 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 vested at the end of three (3) years, on November 21, 2016.