SEC Form 4 · accession 0000008411-16-000285
ATWOOD OCEANICS INC · ATW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stuart D Allen
Officer — Vice Pres, Human Resources
Period of report
Nov 21, 2016
Accepted (ET)
Nov 22, 2016 · 4:52 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 |
|---|---|---|---|---|---|---|---|---|
| Atwood Oceanics, Inc. Common StockF1 | Nov 21, 2016 | M | 1,544 | — | A | 6,387 | D | |
| Atwood Oceanics, Inc. Common StockF2 | Nov 21, 2016 | F | 423 | $8.35 | D | 5,964 | 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 | 1,544 | D | — | — | Atwood Oceanics, Inc. Common Stock | 1,544 | 76,702 | 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.