Long Brady K 4
4 · Transocean Ltd. · Filed Mar 4, 2025
Insider Transaction Report
Form 4
Long Brady K
EVP & Chief Legal Officer
Transactions
- Exercise/Conversion
Registered Shares
2025-03-01$2.95/sh+105,098$310,039→ 1,349,981 total - Exercise/Conversion
Registered Shares
2025-03-01$2.95/sh+66,992$197,626→ 1,469,750 total - Exercise/Conversion
Registered Shares
2025-03-01$2.95/sh+52,777$155,692→ 1,402,758 total - Tax Payment
Registered Shares
2025-03-03$2.95/sh−88,942$262,379→ 1,380,808 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 share 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 restricted share units vest as follows: 52,778 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 share units vested on March 1, 2025, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 66,993 on March 1, 2026 and 66,993 on March 1, 2027.
- [F4]Shares sold upon vesting to satisfy tax withholding obligations.