4//SEC Filing
Tonnel David A 4
Accession 0001415889-23-002374
CIK 0001451505other
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 6:48 PM ET
Size
8.7 KB
Accession
0001415889-23-002374
Insider Transaction Report
Form 4
Tonnel David A
SVP, Finance & Controller
Transactions
- Tax Payment
Registered Shares
2023-02-10$7.20/sh−108,974$784,613→ 392,924 total - Exercise/Conversion
Registered Shares
2023-02-09+268,499→ 501,898 total - Award
Restricted Units
2023-02-09+106,967→ 106,967 totalExercise: $0.00→ Registered Shares (106,967 underlying)
Footnotes (3)
- [F1]Deferred Units awarded on May 8, 2020, vested on February 9, 2023, upon satisfaction of the applicable performance measures pursuant to the Issuer's 2020-2022 performance cycle.
- [F2]Shares sold upon vesting to satisfy tax withholding obligations.
- [F3]The Restricted Units were acquired on February 9, 2023, by the reporting person pursuant to the Issuer's long-term incentive plan. The restricted share units vest as follows: 35,655 on March 1, 2024; 35,656 on March 1, 2025; and 35,656 on March 1, 2026.
Documents
Issuer
Transocean Ltd.
CIK 0001451505
Entity typeother
Related Parties
1- filerCIK 0001318251
Filing Metadata
- Form type
- 4
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 6:48 PM ET
- Size
- 8.7 KB