Pack Jason 4
4 · Transocean Ltd. · Filed Mar 4, 2025
Insider Transaction Report
Form 4
Pack Jason
SVP, Chief Accounting Officer
Transactions
- Exercise/Conversion
Registered Shares
2025-03-01$2.95/sh+15,134$44,645→ 207,403 total - Exercise/Conversion
Registered Shares
2025-03-01$2.95/sh+19,209$56,667→ 226,612 total - Tax Payment
Registered Shares
2025-03-03$2.95/sh−25,512$75,260→ 201,100 total - Exercise/Conversion
Registered Shares
2025-03-01$2.95/sh+30,136$88,901→ 192,269 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: 15,134 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 of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 19,210 on March 1, 2026 and 19,210 on March 1, 2027.
- [F4]Shares sold upon vesting to satisfy tax withholding obligations.