Mey Mark-Anthony Lovell 4
4 · Transocean Ltd. · Filed Feb 12, 2024
Insider Transaction Report
Form 4
Mark-Anthony Mey Lovell
EVP & CFO
Transactions
- Exercise/Conversion
Registered Shares
2024-02-08+696,727→ 1,681,044 total - Tax Payment
Registered Shares
2024-02-09$5.08/sh−282,243$1,433,794→ 1,398,801 total - Award
Restricted Units
2024-02-08+248,710→ 248,710 totalExercise: $0.00→ Registered Shares (248,710 underlying)
Footnotes (3)
- [F1]Deferred Units awarded on February 12, 2021, vested on February 8, 2024, upon satisfaction of the applicable performance measures pursuant to the Issuer's 2021-2023 performance cycle.
- [F2]Shares sold upon vesting to satisfy tax withholding obligations.
- [F3]The Restricted Units were acquired on February 8, 2024, by the reporting person pursuant to the Issuer's long-term incentive plan. The restricted share units vest as follows: 82,903 on March 1, 2025; 82,903 on March 1, 2026; and 82,904 on March 1, 2027.