Transocean Ltd. 4
4 · Transocean Ltd. · Filed Mar 3, 2017
Insider Transaction Report
Form 4
Stobart John B
EVP and COO
Transactions
- Exercise/Conversion
Registered Shares
2017-03-01+18,352→ 86,086 total - Exercise/Conversion
Registered Shares
2017-03-01+9,559→ 67,734 total - Exercise/Conversion
Registered Shares
2017-03-01+19,244→ 105,330 total - Tax Payment
Registered Shares
2017-03-01$13.60/sh−20,476$278,474→ 84,854 total - Exercise/Conversion
Restricted Units
2017-03-01+9,559→ 0 totalExercise: $0.00From: 2017-03-01→ Registered Shares (9,559 underlying) - Exercise/Conversion
Restricted Units
2017-03-01+18,352→ 18,353 totalExercise: $0.00From: 2017-03-01→ Registered Shares (18,352 underlying) - Exercise/Conversion
Restricted Units
2017-03-01+19,244→ 38,488 totalExercise: $0.00From: 2017-03-01→ Registered Shares (19,244 underlying)
Footnotes (4)
- [F1]Restricted Units, which are 1-for-1 equivalents, acquired on February 13, 2014, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2017, resulting in delivery of registered shares to the reporting person.
- [F2]Restricted Units, which are 1-for-1 equivalents, acquired on February 13, 2015, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2017, resulting in delivery of registered shares to the reporting person.
- [F3]Restricted Units, which are 1-for-1 equivalents, acquired on February 11, 2016, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2017, resulting in delivery of registered shares to the reporting person.
- [F4]Shares sold upon vesting to satisfy tax withholding obligations.