DELAWARE |
1-5491 |
75-0759420 |
(State or other jurisdiction |
(Commission file Number) |
(IRS Employer |
of incorporation) |
|
Identification No.) |
2800 POST OAK BOULEVARD |
|
SUITE 5450 |
|
HOUSTON, TEXAS |
77056-6127 |
(Address of principal executive offices) |
(zip code) |
Name |
Title |
Target
Bonus as % of Base Salary |
Daniel
F. McNease
|
Chairman,
President and Chief Executive Officer (CEO)
|
75%
|
Robert
G. Croyle
|
Vice
Chairman and Chief Administrative Officer (CAO)
|
65%
|
Paul
L. Kelly
|
Senior
Vice President - Special Projects
|
55%
|
John
L. Buvens, Jr.
|
Senior
Vice President - Legal
|
55%
|
Mark
A. Keller
|
Senior
Vice President - Marketing
|
55%
|
David
P. Russell
|
Vice
President - Drilling Operations
|
55%
|
William
H. Wells
|
Vice
President - Finance and Treasurer
|
55%
|
Name |
Title |
Shares
of Restricted Stock |
Restricted
Stock Value (1) |
Stock
Option Shares (2) |
Total
Shares |
Daniel
F. McNease
|
Chairman,
President and CEO
|
20,400
|
$527,544
|
43,700
|
64,100
|
Robert
G. Croyle
|
Vice
Chairman and CAO
|
10,900
|
281,874
|
23,300
|
34,200
|
Paul
L. Kelly
|
Senior
Vice President - Special Projects
|
2,700
|
69,822
|
5,800
|
8,500
|
John
L. Buvens, Jr.
|
Senior
Vice President - Legal
|
6,800
|
175,848
|
14,600
|
21,400
|
Mark
A. Keller
|
Senior
Vice President - Marketing
|
6,800
|
175,848
|
14,600
|
21,400
|
David
P. Russell
|
Vice
President - Drilling Operations
|
6,100
|
157,746
|
13,100
|
19,200
|
William
H. Wells
|
Vice
President - Finance and Treasurer
|
5,400
|
139,644
|
11,700
|
17,100
|
(1) |
Amount
is based upon the last reported per-share sales price of Rowan's common
stock on the New York Stock Exchange on May
17, 2005. |
(2) |
Stock
options are exercisable at $24.98 per share, the mean of the high and low
per-share sales price of Rowan's common stock on the New York Stock
Exchange on May 16, 2005. |
Exhibit |
|
Number |
Exhibit Description |
10.1 |
Exhibit |
|
Number |
Exhibit Description |
10.1 |