STRACHAN IAN 4
4 · Transocean Ltd. · Filed May 19, 2009
Insider Transaction Report
Form 4
STRACHAN IAN
Director
Transactions
- Award
Deferred Units
2009-05-15+3,565→ 3,565 totalExercise: $0.00→ Registered Shares (3,565 underlying)
Footnotes (1)
- [F1]Deferred Units, which are 1-for-1 registered share equivalents, acquired on May 15, 2009 pursuant to the issuer's long-term incentive plan. Deferred Units vest in equal installments on May 15, 2010, 2011 and 2012. The reporting person elected in 2008 for such Deferred Units to be payable in registered shares of the issuer upon the reporting person's death, disability or retirement from the Board.