4//SEC Filing
Mohn Frederik Wilhelm 4
Accession 0001415889-22-005149
CIK 0001451505other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 5:15 PM ET
Size
7.9 KB
Accession
0001415889-22-005149
Insider Transaction Report
Form 4
Mohn Frederik Wilhelm
Director10% Owner
Transactions
- Award
Restricted Units
2022-05-13+54,688→ 54,688 totalExercise: $0.00→ Registered Shares (54,688 underlying) - Purchase
Registered Shares
2022-05-13$3.75/sh+2,000,000$7,500,000→ 82,636,646 total(indirect: See footnote)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.55 to $3.85, inclusive. The reporting person undertakes to provide Transocean Ltd. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (1) to this Form 4.
- [F2]These securities are held directly by Perestroika AS. Mr. Frederik Mohn is a sole director and owner of Perestroika AS and is the beneficial owner of all securities owned by Perestroika AS.
- [F3]Restricted Units, which are 1-for-1 registered share equivalents, were acquired on May 13, 2022, pursuant to the Issuer's long-term incentive plan. Restricted Units vest on the earlier of: (i) May 13, 2023, or (ii) the date of the next Annual General Meeting of the Company's shareholders following the May 13, 2022 grant date. Pursuant to the award agreement, such Restricted Units will be payable in registered shares of the Issuer following the vesting date, as defined above.
Documents
Issuer
Transocean Ltd.
CIK 0001451505
Entity typeother
Related Parties
1- filerCIK 0001729638
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 5:15 PM ET
- Size
- 7.9 KB