4//SEC Filing
ANDERSON W RICHARD 4
Accession 0001451505-11-000055
CIK 0001451505other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 3:18 PM ET
Size
18.7 KB
Accession
0001451505-11-000055
Insider Transaction Report
Form 4
ANDERSON W RICHARD
Director
Transactions
- Exercise/Conversion
Registered Shares
2011-05-15+1,188→ 5,746 total - Tax Payment
Registered Shares
2011-05-17−238→ 5,508 total - Award
Deferred Units
2011-05-13+3,768→ 3,768 totalExercise: $0.00→ Registered Shares (3,768 underlying) - Exercise/Conversion
Registered Shares
2011-05-16+567→ 4,558 total - Exercise/Conversion
Deferred Units
2011-05-15−1,188→ 1,189 totalExercise: $0.00→ Registered Shares (1,188 underlying) - Exercise/Conversion
Deferred Units
2011-05-16−567→ 0 totalExercise: $0.00→ Registered Shares (567 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, 2011, 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, 2011, 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 13, 2011 pursuant to the issuer's long-term incentive plan. Deferred Units vest in equal installments on May 13, 2012, 2013 and 2014. Pursuant to the award agreement, such Deferred Units will 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 0001288047
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 3:18 PM ET
- Size
- 18.7 KB