GRIJALVA VICTOR 4
4 · Transocean Ltd. · Filed May 18, 2010
Insider Transaction Report
Form 4
GRIJALVA VICTOR
Director
Transactions
- Award
Deferred Units
2010-05-14+3,703→ 3,703 totalExercise: $0.00→ Registered Shares (3,703 underlying)
Footnotes (1)
- [F1]Deferred Units, which are 1-for-1 registered share equivalents, were acquired on May 14, 2010 pursuant to the issuer's long-term incentive plan. Deferred Units vest in equal installments on May 14, 2011, 2012 and 2013. The reporting person elected in 2009 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.