Adamson Keelan 4
4 · Transocean Ltd. · Filed Mar 4, 2025
Insider Transaction Report
Form 4
Adamson Keelan
DirectorPRESIDENT AND CEO
Transactions
- Exercise/Conversion
Registered Shares
2025-03-01$2.95/sh+67,731$199,806→ 1,428,122 total - Tax Payment
Registered Shares
2025-03-03$2.95/sh−121,425$358,204→ 1,411,094 total - Exercise/Conversion
Registered Shares
2025-03-01$2.95/sh+134,875$397,881→ 1,360,391 total - Exercise/Conversion
Registered Shares
2025-03-01$2.95/sh+104,397$307,971→ 1,532,519 total
Footnotes (4)
- [F1]Restricted Units, which are 1-for-1 share equivalents, acquired on February 10, 2022, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2025, resulting in the right of the reporting person to receive the registered shares.
- [F2]Restricted Units, which are 1-for-1 share equivalents, acquired on February 9, 2023, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2025, resulting in the right of the reporting person to receive the registered shares. The remaining share units vest as follows: 67,731 on March 1, 2026.
- [F3]Restricted Units, which are 1-for-1 share equivalents, acquired on February 8, 2024, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2025, resulting in the right to of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 104,397 on March 1, 2026 and 104,397 on March 1, 2027.
- [F4]Shares sold upon vesting to satisfy tax withholding obligations.