Transocean Ltd. 4
4 · Transocean Ltd. · Filed Mar 3, 2017
Insider Transaction Report
Form 4
Bonno Terry
SVP, Marketing
Transactions
- Exercise/Conversion
Registered Shares
2017-03-01+8,620→ 54,206 total - Exercise/Conversion
Restricted Units
2017-03-01+8,221→ 8,222 totalExercise: $0.00From: 2017-03-01→ Registered Shares (8,221 underlying) - Exercise/Conversion
Registered Shares
2017-03-01+3,887→ 37,365 total - Exercise/Conversion
Registered Shares
2017-03-01+8,221→ 45,586 total - Tax Payment
Registered Shares
2017-03-02$13.60/sh−5,870$79,832→ 48,336 total - Exercise/Conversion
Restricted Units
2017-03-01+3,887→ 0 totalExercise: $0.00From: 2017-03-01→ Registered Shares (3,887 underlying) - Exercise/Conversion
Restricted Units
2017-03-01+8,620→ 17,242 totalExercise: $0.00From: 2017-03-01→ Registered Shares (8,620 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.