4//SEC Filing
TRANSOCEAN INTERNATIONAL Ltd 4
Accession 0001083269-25-000012
CIK 0001849820operating
Filed
Oct 30, 8:00 PM ET
Accepted
Oct 31, 6:43 PM ET
Size
8.8 KB
Accession
0001083269-25-000012
Insider Transaction Report
Form 4
TRANSOCEAN INTERNATIONAL Ltd
10% Owner
Transactions
- Conversion
Convertible Senior Secured Term Loan 2023
2025-10-28→ 0 totalExercise: $1.76From: 2023-09-18Exp: 2026-09-18→ Common Stock, par value U.S. $0.0001 (2,144,295 underlying) - Conversion
Common Stock, par value U.S. $0.0001
2025-10-28$1.76/sh+2,144,295$3,773,959→ 2,150,716 total
Footnotes (2)
- [F1]The amount reported also includes 6,421 additional shares (the "Earnout Shares") of the Issuer's common stock issuable to the Reporting Person on or before September 9, 2027, pursuant to certain earnout conditions, as described in the Merger Agreement (as defined in the Reporting Person's Form 3 filed on September 23, 2022).
- [F2]The shares of the Issuer's common stock reported herein as being beneficially owned by the Reporting Person consists of the Earnout Shares and 2,144,295 shares of the Issuer's common stock acquired on October 28, 2025 by the Reporting Person in connection with the exercise of its right to convert $3,000,000 of outstanding principal amount of loans, together with accrued interest, made pursuant to that certain Senior Secured Term Loan Agreement, dated as of September 18, 2023, by and among the Issuer, the collateral agent and the other lenders party thereto (as amended, the "Convertible Note"). Loans made pursuant to the Convertible Note were convertible into shares of the Issuer's common stock at a conversion price of $1.76 per share.
Documents
Issuer
Nauticus Robotics, Inc.
CIK 0001849820
Entity typeoperating
IncorporatedBermuda
Related Parties
1- filerCIK 0001083269
Filing Metadata
- Form type
- 4
- Filed
- Oct 30, 8:00 PM ET
- Accepted
- Oct 31, 6:43 PM ET
- Size
- 8.8 KB