4//SEC Filing
Perestroika (Cyprus) Ltd 4
Accession 0001415889-23-006859
CIK 0001451505other
Filed
Apr 24, 8:00 PM ET
Accepted
Apr 25, 7:06 PM ET
Size
8.4 KB
Accession
0001415889-23-006859
Insider Transaction Report
Form 4
Perestroika (Cyprus) Ltd
Director10% Owner
Transactions
- Conversion
2.5% Senior Guaranteed Exchangeable Bonds due 2027
2023-04-21→ 0 totalExercise: $6.17From: 2020-08-14Exp: 2027-01-30→ Registered Shares (34,600,147 underlying) - Conversion
Registered Shares
2023-04-21$6.17/sh+34,600,147$213,482,907→ 82,596,498 total
Footnotes (2)
- [F1]The 2.5% Senior Guaranteed Exchangeable Bonds due January 2027 (the "2.5% Exchangeable Bonds") were issued by Transocean Inc., a wholly owned subsidiary of Transocean Ltd. (the "Company"), pursuant to an Indenture dated August 14, 2020, among Transocean Inc., the Company and certain subsidiary guarantors, and Computershare Trust Company, N.A., as successor trustee to Wells Fargo Bank, National Association, and are exchangeable into shares of the Company at an initial exchange rate of 162.1626 Shares per $1,000 principal amount of 2.5% Exchangeable Bonds.
- [F2]On April 21, 2023, Perestroika (Cyprus) Ltd. exchanged its 2.5% Exchangeable Bonds pursuant to the terms of the Indenture referred to in footnote 1.
Documents
Issuer
Transocean Ltd.
CIK 0001451505
Entity typeother
IncorporatedCyprus
Related Parties
1- filerCIK 0001737912
Filing Metadata
- Form type
- 4
- Filed
- Apr 24, 8:00 PM ET
- Accepted
- Apr 25, 7:06 PM ET
- Size
- 8.4 KB