DEATON CHAD C 4
4 · Transocean Ltd. · Filed Jun 2, 2021
Insider Transaction Report
Form 4
DEATON CHAD C
Director
Transactions
- Award
Restricted Units
2021-05-28+71,059→ 71,059 totalExercise: $0.00→ Registered Shares (71,059 underlying)
Footnotes (1)
- [F1]Restricted Units, which are 1-for-1 registered share equivalents, were acquired on May 28, 2021, pursuant to the Issuer's long-term incentive plan. Restricted Units vest on the earlier of: (i) May 28, 2022, or (ii) the date of the next Annual General Meeting of the Company's shareholders following the May 28, 2021 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.