4//SEC Filing
ROSE ROBERT E 4
Accession 0001451505-10-000057
CIK 0001451505other
Filed
May 17, 8:00 PM ET
Accepted
May 18, 5:17 PM ET
Size
19.1 KB
Accession
0001451505-10-000057
Insider Transaction Report
Form 4
ROSE ROBERT E
Director
Transactions
- Exercise/Conversion
Registered Shares
2010-05-16+567→ 6,953 total - Exercise/Conversion
Registered Shares
2010-05-15+1,188→ 8,141 total - Exercise/Conversion
Deferred units
2010-05-15−1,188→ 2,377 totalExercise: $0.00→ Registered Shares (1,188 underlying) - Tax Payment
Registered Shares
2010-05-17−238→ 7,903 total - Exercise/Conversion
Deferred Units
2010-05-16−567→ 567 totalExercise: $0.00→ Registered Shares (567 underlying) - Award
Deferred Units
2010-05-14+3,703→ 3,703 totalExercise: $0.00→ Registered Shares (3,703 underlying)
Footnotes (4)
- [F1]On May 16, 2008, the reporting person was granted 1,701 Deferred Units, which are 1-for-1 registered share equivalents. On May 16, 2010, one third of the award vested per its terms and was paid in registered shares of the issuer per the reporting person's election in 2008 for such Deferred Units to be payable in registered shares upon the earliest of (i) annual vesting of such Deferred Units, (ii) change of control of the issuer or (iii) the reporting person's death, disability or retirement from the Board.
- [F2]On May 15, 2009, the reporting person was granted 3,565 Deferred Units, which are 1-for-1 registered share equivalents. On May 15, 2010, one third of the award vested per its terms and was paid in registered shares of the issuer per the reporting person's election in 2009 for such Deferred Units to be payable in registered shares upon the earliest of (i) annual vesting of such Deferred Units, (ii) change of control of the issuer or (iii) the reporting person's death, disability or retirement from the Board.
- [F3]Shares automatically withheld upon vesting to satisfy tax withholding obligations.
- [F4]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.
Documents
Issuer
Transocean Ltd.
CIK 0001451505
Entity typeother
Related Parties
1- filerCIK 0001180361
Filing Metadata
- Form type
- 4
- Filed
- May 17, 8:00 PM ET
- Accepted
- May 18, 5:17 PM ET
- Size
- 19.1 KB