DEATON CHAD C 4
4 · Transocean Ltd. · Filed May 17, 2022
Insider Transaction Report
Form 4
DEATON CHAD C
Director
Transactions
- Award
Restricted Units
2022-05-13+55,990→ 55,990 totalExercise: $0.00→ Registered Shares (55,990 underlying)
Footnotes (1)
- [F1]Restricted Units, which are 1-for-1 registered share equivalents, were acquired on May 13, 2022, pursuant to the Issuer's long-term incentive plan. Restricted Units vest on the earlier of: (i) May 13, 2023, or (ii) the date of the next Annual General Meeting of the Company's shareholders following the May 13, 2022 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.