Tan Ek Kia 4
4 · Transocean Ltd. · Filed May 22, 2018
Insider Transaction Report
Form 4
Tan Ek Kia
Director
Transactions
- Award
Restricted Units
2018-05-18+16,141→ 16,141 totalExercise: $0.00→ Registered Shares (16,141 underlying)
Footnotes (1)
- [F1]Restricted Units, which are 1-for-1 registered share equivalents, were acquired on May 18, 2018 pursuant to the Issuer's long-term incentive plan. Restricted Units vest on the earlier of: (i) May 18, 2019; or (ii) the date of the next Annual General Meeting of the Company's shareholders following the May 18, 2018 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.