TRANSOCEAN OFFSHORE INC 4
4 · TRANSOCEAN OFFSHORE INC · Filed Jun 14, 1999
Insider Transaction Report
Form 4
Fresne, Donald C.
Vice President and Controller
Transactions
- Disposition to Issuer
Ordinary Shares (1)
1999-05-03$30.09/sh−444$13,360→ 15,195 total
Holdings
- 1,828(indirect: (4))
Ordinary Shares
Footnotes (4)
- [1]On May 14, 1999, Transocean Offshore Inc., a Delaware corporation ("Transocean-Delaware"), merged with and into its wholly owned subsidiary Transocean Offshore (Texas) Inc., a Texas corporation, which survived the merger and immediately thereafter was converted to and registered by way of continuation as Transocean Offshore Inc., a Cayman Islands exempted company limited by shares ("Transocean-Cayman"). In the merger and conversion, each share of Common Stock, par value $.01 per share, of Transocean-Delaware was converted into one Ordinary Share, par value $.01 per share, of Transocean-Cayman, including all shares, restricted shares and options to purchase shares under the Employee Stock Purchase Plan, Long-Term Incentive Plan and Savings Plan. Transocean-Cayman is the successor issuer to Transocean-Delaware.
- [2]Represents shares acquired and sold under the Transocean Offshore Inc. Employee Stock Purchase Plan.
- [3]Includes unvested restricted shares granted under the Transocean Offshore Inc. Long-Term Incentive Plan.
- [4]Represents shares held under the Transocean Offshore Inc. Savings Plan at 1/31/99. The number of shares listed is approximate because Plan accounting is on a unit basis.