MULLER EDWARD R 5
5 · Transocean Ltd. · Filed Feb 14, 2022
Insider Transaction Report
Form 5
MULLER EDWARD R
Director
Transactions
- Award
Restricted Units
2021-05-28+54,264→ 54,264 totalExercise: $0.00→ Registered Shares (54,264 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.