4//SEC Filing
Long Brady K 4
Accession 0001415889-23-004154
CIK 0001451505other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 4:59 PM ET
Size
10.2 KB
Accession
0001415889-23-004154
Insider Transaction Report
Form 4
Long Brady K
EVP & Chief Legal Officer
Transactions
- Exercise/Conversion
Registered Shares
2023-03-01$7.08/sh+103,896$735,584→ 873,314 total - Exercise/Conversion
Registered Shares
2023-03-01$7.08/sh+96,618$684,055→ 969,932 total - Exercise/Conversion
Registered Shares
2023-03-01$7.08/sh+105,097$744,087→ 1,075,029 total - Tax Payment
Registered Shares
2023-03-02$6.76/sh−118,096$798,329→ 956,933 total
Footnotes (4)
- [F1]Restricted Units, which are 1-for-1 share equivalents, acquired on May 8, 2020, pursuant to the Issuer's long-term incentive plan. One third of such restricted share units vested on March 1, 2023, resulting in the right of the reporting person to receive the registered shares.
- [F2]Restricted Units, which are 1-for-1 share equivalents, acquired on February 12, 2021, pursuant to the Issuer's long-term incentive plan. One third of such restricted share units vested on March 1, 2023, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 96,619 on March 1, 2024.
- [F3]Restricted Units, which are 1-for-1 share equivalents, acquired on February 10, 2022, pursuant to the Issuer's long-term incentive plan. One third of such restricted share units vested on March 1, 2023, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 105,097 on March 1, 2024 and 105,098 on March 1, 2025.
- [F4]Shares sold upon vesting to satisfy tax withholding obligations.
Documents
Issuer
Transocean Ltd.
CIK 0001451505
Entity typeother
Related Parties
1- filerCIK 0001502666
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 4:59 PM ET
- Size
- 10.2 KB