TRANSOCEAN OFFSHORE INC 5
5 · TRANSOCEAN OFFSHORE INC · Filed Feb 17, 1998
Insider Transaction Report
Form 5
KOUCOUTHAKIS BARBARA S
Vice President and Controller
Transactions
- Award
Common Stock
1997-03-12+2,400→ 15,532 total - Award
Executive Stock Options (1)
1997-03-12+6,400→ 6,400 totalExercise: $28.75→ Common Stock (6,400 underlying)
Footnotes (6)
- [1]Shares of common stock, numbers of stock options and sale and exercise prices thereof shown in this report have been adjusted to reflect the issuer's two-for-one stock split effected in the form of a 100% stock dividend paid in September 1997.
- [2]Shares acquired under the Transocean Offshore Inc. Savings Plan, including contributions and dividends, between January 1, 1997 and December 31, 1997, which shares are exempt under Rule 16b-3. The acquisition prices ranged from $27.125 to $57.76 per share. The number of shares listed is approximate because Plan accounting is on a unit basis.
- [3]Shares held under the Transocean Offshore Inc. Savings Plan at December 31, 1997. The number of shares listed is approximate because Plan accounting is on a unit basis.
- [4]Grant of restricted stock under the Transocean Offshore Inc. Long-Term Incentive Plan. The shares vest as follows: 800 on 3/12/00; 800 on 3/12/01 and 800 on 3/12/02.
- [5]Includes shares of unvested restricted stock granted under the Transocean Offshore Inc. Long-Term Incentive Plan.
- [6]Grant of stock options under the Transocean Offshore Inc. Long-Term Incentive Plan exercisable as follows: 2,134 on 3/12/98, 2,134 on 3/12/99 and 2,132 on 3/12/00. This statement confirms that the undersigned has authorized and designated Eric B. Brown and Nicolas J. Evanoff, and each of them severally, to execute and file on the undersigned's behalf all Forms 3, 4 and 5 (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Transocean Offshore Inc. The authority of Eric B. Brown and Nicolas J. Evanoff shall continue until the undersigned is no longer required to file Forms 3, 4 and 5 with regard to securities of Transocean Offshore Inc., unless earlier revoked in writing. The undersigned acknowledges that Eric B. Brown and Nicolas J. Evanoff are not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act 1934. February 17, 1998 /s/ Barbara S. Koucouthakis