CAUTHEN GREGORY L 4
4 · Transocean Ltd. · Filed Feb 17, 2009
Insider Transaction Report
Form 4
CAUTHEN GREGORY L
Sr. VP and CFO
Transactions
- Tax Payment
Ordinary Shares
2009-02-12−443→ 12,280 total - Award
Stock Options
2009-02-12+40,727→ 40,727 totalExercise: $60.19From: 2010-02-12Exp: 2019-02-11→ Ordinary Shares (40,727 underlying)
Holdings
- 462(indirect: By Issuer Employee Stock Purchase Plan)
Ordinary Shares
Footnotes (4)
- [F1]Shares automatically withheld upon vesting to satisfy tax withholding obligations.
- [F2]On December 19, 2008, Transocean Ltd., a Swiss corporation, became the successor of Transocean Inc., a Cayman Islands company, pursuant to a merger by way of schemes of arrangement under Cayman Islands law (the "Transaction") in which each holder of Transocean Inc. ordinary shares outstanding immediately prior to the Transaction received one registered share of Transocean Ltd. in exchange for each outstanding ordinary share of Transocean Inc. The Transaction had the effect of changing the place of incorporation of Transocean's group holding company from the Cayman Islands to Switzerland but did not alter the proportionate interests of security holders.
- [F3]Shares owned under the issuer's Employee Stock Purchase Plan. Reflects 172 shares acquired under the issuer's Employee Stock Purchase Plan since the reporting person's last ownership report.
- [F4]On February 12, 2009, the reporting person was awarded 40,727 stock options which vest as follows: 13,575 on February 12, 2010; 13,576 on February 12, 2011; and 13,576 on February 12, 2012.