4/A//SEC Filing
Transocean Ltd. 4/A
Accession 0001179110-16-024578
$RIGCIK 0001451505operating
Filed
May 12, 8:00 PM ET
Accepted
May 13, 2:50 PM ET
Size
6.2 KB
Accession
0001179110-16-024578
Insider Transaction Report
Form 4/AAmended
MILLER MERRILL A JR
Director
Transactions
- Award
Restricted Units
2016-05-13+31,220→ 31,220 totalExercise: $0.00→ Registered Shares (31,220 underlying)
Footnotes (2)
- [F1]This Form 4-A is being filed to correct the grant date of the award and the resulting number of awards. The Compensation Committee of Transocean Ltd. took certain preliminary actions with respect to the award on May 12, 2016. However, the Board of Directors of Transocean Ltd. did not formally approve the award until May 13, 2016.
- [F2]Restricted Units, which are 1-for-1 registered share equivalents, were acquired on May 13, 2016 pursuant to the issuer's long-term incentive plan. Restricted Units vest on the earlier of: (i) May 13, 2017; or (ii) the date of the next Annual General Meeting of the Company's shareholders following the May 13, 2016 grant date. Pursuant to the award agreement, such Restricted Units will be payable in registered shares of the issuer following the vesting date, as defined above.
Documents
Issuer
Transocean Ltd.
CIK 0001451505
Entity typeoperating
IncorporatedSwitzerland
Related Parties
1- filerCIK 0001451505
Filing Metadata
- Form type
- 4/A
- Filed
- May 12, 8:00 PM ET
- Accepted
- May 13, 2:50 PM ET
- Size
- 6.2 KB