Home > Insider Trading > Filing (0001292850-11-000021)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
833081	Pride International Inc	PDE	Drilling Oil & Gas Wells (1381)	760069030

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1292850	D Lonnie Bane	5847 San Felipe, Suite 3300 Houston TX 77057	Srvp - Human Resources & Admin	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2011-01-03	9,656	$0.00	73,072	No	4	A	Direct
Common Stock	Disposition	2011-01-04	7,380	$31.95	65,692	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Options (right to buy)	Acquisiton	2011-01-03	26,910	$0.00	26,910	$32.47
Common Stock	Performance-Based Restricted Stock Units	Acquisiton	2011-01-03	11,084	$0.00	0	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
26,910		2021-01-03	No	4	A	Direct
11,084	2014-03-15	2014-03-15	No	4	A	Direct

Footnotes

The total number of shares beneficially owned by the reporting person includes 171 shares and 196 shares that were purchased through the employee stock purchase plan for the six months ended June 30, 2010 and December 31, 2010, respectively.
This sale was effected pursuant to a Rule 10b5-1 trading plan.
This transaction was executed in multiple trades at prices ranging from $31.51 to $32.27. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
The options become exercisable in three equal annual installments beginning on January 3, 2012.
The performance-based restricted stock units vest as to one-third annually over a three-year period in an amount ranging from 0-150% of the units awarded based upon company total shareholder return compared with the total shareholder return of a designated peer group over a performance period corresponding to the vesting periods. The units provide for payment of all earned shares in common stock following the end of the three-year period.