Stobart John B 4

4 · Transocean Ltd. · Filed Mar 5, 2018

Form 4

Period: 2018-03-01

EVP and COO

Transactions

Exercise/Conversion
Registered Shares
2018-03-01+18,353→ 153,900 total
Exercise/Conversion
Registered Shares
2018-03-01+19,244→ 173,144 total
Exercise/Conversion
Registered Shares
2018-03-01+16,317→ 189,461 total
Tax Payment
Registered Shares
2018-03-02$9.20/sh−21,636$199,051→ 167,825 total
Exercise/Conversion
Restricted Units
2018-03-01+18,353→ 0 total
Exercise: $0.00From: 2018-03-01→ Registered Shares (18,353 underlying)
Exercise/Conversion
Restricted Units
2018-03-01+16,317→ 32,635 total
Exercise: $0.00From: 2018-03-01→ Registered Shares (16,317 underlying)
Exercise/Conversion
Restricted Units
2018-03-01+19,244→ 19,244 total
Exercise: $0.00From: 2018-03-01→ Registered Shares (19,244 underlying)

Footnotes (4)

[F1]Restricted Units, which are 1-for-1 share 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, 2018, resulting in delivery of registered shares to the reporting person.
[F2]Restricted Units, which are 1-for-1 share 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, 2018, resulting in delivery of registered shares to the reporting person. The remaining restricted units vest as follows: 19,244 on March 1, 2019.
[F3]Restricted Units, which are 1-for-1 share 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, 2018, resulting in delivery of registered shares to the reporting person. The remaining restricted units vest as follows: 16,317 on March 1, 2019 and 16,318 on March 1, 2020.
[F4]Shares sold upon vesting to satisfy tax withholding obligations.

Documents

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