Oevrum Margareth 4
4 · Transocean Ltd. · Filed May 15, 2023
Insider Transaction Report
Form 4
Oevrum Margareth
Director
Transactions
- Award
Restricted Units
2023-05-12+35,654→ 35,654 totalExercise: $0.00→ Registered Shares (35,654 underlying)
Footnotes (1)
- [F1]Restricted Units, which are 1-for-1 registered share equivalents, were acquired on May 12, 2023, pursuant to the Issuer's long-term incentive plan. Restricted Units vest on the earlier of: (i) May 12, 2024, or (ii) the date of the next Annual General Meeting of the Company's shareholders following the May 12, 2023 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.