Mohn Frederik Wilhelm 4
4 · Transocean Ltd. · Filed May 17, 2024
Insider Transaction Report
Form 4
Mohn Frederik Wilhelm
Director10% Owner
Transactions
- Purchase
Registered Shares
2024-05-15$6.01/sh+2,000,000$12,020,000→ 87,574,894 total(indirect: See footnote) - Award
Restricted Units
2024-05-17+36,145→ 36,145 totalExercise: $0.00→ Registered Shares (36,145 underlying)
Holdings
- 22,148
Registered Shares
Footnotes (2)
- [F1]These securities are held directly by Perestroika (Cyprus) Ltd., which is a wholly owned subsidiary of Perestroika AS. Mr. Frederik Mohn is the sole director and owner of Perestroika AS and is the indirect beneficial owner of all securities owned by Perestroika AS.
- [F2]Restricted Units, which are 1-for-1 registered share equivalents, were acquired on May 17, 2024, pursuant to the Issuer's long-term incentive plan. Restricted Units vest on the earlier of: (i) May 17, 2025, or (ii) the date of the next Annual General Meeting of the Company's shareholders following the May 17, 2024 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.