SEC Form 4 · accession 0000899243-17-023931

ATWOOD OCEANICS INC · ATW

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Oct 6, 2017

Accepted (ET)

Oct 10, 2017 · 2:42 pm EDT

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 Stock^F1	Oct 6, 2017	D	16,522	—	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F2	—	Oct 6, 2017	D	50,347	D	—	—	Atwood Oceanics, Inc. Common Stock	50,347	0	D

F1On May 29, 2017, the Issuer entered into an Agreement and Plan of Merger with Ensco PLC ("Parent") and Echo Merger Sub LLC (the "Merger Agreement"). Pursuant to the Merger Agreement, on October 6, 2017, these shares were cancelled and converted into the right to receive 26,435 class A ordinary shares of Parent and a cash payment for fractional shares pursuant to the Merger Agreement.
F2Pursuant to the Merger Agreement, on October 6, 2017, these Restricted Stock Units were canceled and converted into the right to receive 30,651 class A ordinary shares of Parent and a cash payment for 31,190 deferred shares which are included in the total Restricted Stock Units and any fractional shares. The actual number of class A ordinary shares of Parent issued to the reporting person was reduced by an amount necessary to satisfy applicable tax withholding obligations.