Filing Details
- Accession Number:
- 0001292850-11-000024
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-01-05 20:52:27
- Reporting Period:
- 2011-01-03
- Filing Date:
- 2011-01-05
- Accepted Time:
- 2011-01-05 20:52:27
- SEC Url:
- Form 4 Filing
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 |
---|---|---|---|---|---|---|---|
1236474 | Louis Raspino | 5847 San Felipe Suite 3300 Houston TX 77057 | President And Ceo | Yes | 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 | Disposition | 2010-12-29 | 1,000 | $0.00 | 412,879 | No | 5 | G | Direct | |
Common Stock | Acquisiton | 2011-01-03 | 44,719 | $0.00 | 457,954 | No | 4 | A | Direct | |
Common Stock | Disposition | 2011-01-04 | 33,733 | $31.80 | 424,221 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 5 | G | Direct | |
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 | 124,636 | $0.00 | 124,636 | $32.47 |
Common Stock | Performance-Based Restricted Stock Units | Acquisiton | 2011-01-03 | 51,338 | $0.00 | 0 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
124,636 | 2021-01-03 | No | 4 | A | Direct | |
51,338 | 2014-03-15 | 2014-03-15 | No | 4 | A | Direct |
Footnotes
- The total number of shares beneficially owned by the reporting person includes (i) 710 shares and 516 shares that were purchased through the employee stock purchase plan for the six months ended June 30, 2009 and June 30, 2010, respectively, and (ii) 9,947 shares granted pursuant to anti-dilution adjustments made in connection with the August 24, 2009 spin-off of Seahawk Drilling, Inc.
- The total number of shares beneficially owned by the reporting person includes 356 shares that were purchased through the employee stock purchase plan for the six months ended December 31, 2010.
- This sale was effected pursuant to a Rule 10b5-1 trading plan.
- This transaction was executed in multiple trades at prices ranging from $31.46 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.