Briscoe John H 4
4 · Transocean Ltd. · Filed Feb 14, 2011
Insider Transaction Report
Form 4
Briscoe John H
Vice President and Controller
Transactions
- Award
Stock Options
2011-02-10$78.76/sh+5,238$412,545→ 5,238 totalExercise: $78.76From: 2012-02-10Exp: 2021-02-09→ Registered Shares (5,238 underlying) - Award
Deferred Units
2011-02-10+2,663→ 2,663 totalExercise: $0.00→ Registered Shares (2,663 underlying)
Footnotes (2)
- [F1]On February 10, 2011, the reporting person was awarded 5,238 stock options which vest as follows: 1,746 on February 10, 2012; 1,746 on February 10, 2013; and 1,746 on February 10, 2014.
- [F2]Deferred Units, which are 1-for-1 share equivalents, were acquired on February 10, 2011 pursuant to the issuer's long-term incentive plan and vest as follows: 887 on February 10, 2012; 888 on February 10, 2013; and 888 on February 10, 2014.