TODCO 4
4 · TODCO · Filed Feb 12, 2004
Insider Transaction Report
Form 4
TODCOTHE
TRANSOCEAN HOLDINGS INC
10% Owner
Transactions
- Sale
Class B Common Stock
2004-02-10$11.19/sh−13,800,000$154,422,000→ 2,712,465 total
Footnotes (3)
- [F1]The reported securities were sold in a public offering pursuant to an underwriting agreement dated February 4, 2004 by and among the Reporting Person, TODCO, Transocean Inc., Morgan Stanley & Co. Incorporated and other underwriters. In connection with the closing of the offering, the Class B shares were converted into Class A shares.
- [F2]The price excludes underwriting discounts and commissions of $0.81 per share.
- [F3]The Reporting Person may remain a 10% owner after the closing of the public offering if it is deemed to be part of a Section 13(d) group with Transocean Inc. Nothing herein constitutes an admission that such a group exists.