Tan Ek Kia 4
4 · Transocean Ltd. · Filed May 13, 2019
Insider Transaction Report
Form 4
Tan Ek Kia
Director
Transactions
- Award
Restricted Units
2019-05-09+26,185→ 26,185 totalExercise: $0.00→ Registered Shares (26,185 underlying)
Footnotes (1)
- [F1]Restricted Units, which are 1-for-1 registered share equivalents, were acquired on May 9, 2019, pursuant to the Issuer's long-term incentive plan. Restricted Units vest on the earlier of: (i) May 9, 2020; or (ii) the date of the next Annual General Meeting of the Company's shareholders following the May 9, 2019 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.