SEC Form 4 · accession 0001209191-15-022406
DIAMOND OFFSHORE DRILLING, INC. · DO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc Gerard Rex Edwards
Officer — President and C.E.O. · Director
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 5:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000949039
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 3, 2015 | M | 18,617 | — | A | 18,617 | D | |
| Common Stock | Mar 3, 2015 | F | 7,810 | $30.33 | D | 10,807 | 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,F2 | — | Mar 2, 2015 | A | 190 | A | — | — | Common Stock | 190 | 55,852 | D |
| Restricted Stock UnitsF1,F3 | — | Mar 3, 2015 | M | 18,617 | D | — | — | Common Stock | 18,617 | 37,235 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2These restricted stock units represent dividend equivalent rights that accrued, in the form of additional restricted stock units, as a result of payment of cash dividends in respect of previously awarded restricted stock units that were earned on January 29, 2015, and vest proportionately with such restricted stock units. Each dividend equivalent right may be settled in common stock or in cash.
- F3The earned restricted stock units vest in three equal annual installments beginning March 3, 2015.