Deeming Nicholas 4
4 · Transocean Ltd. · Filed Feb 21, 2012
Insider Transaction Report
Form 4
Deeming Nicholas
SrVP, Gen Cnsl & Asst Corp Sec
Transactions
- Award
Stock Options
2012-02-17$50.79/sh+38,331$1,946,831→ 38,331 totalExercise: $50.79From: 2013-02-17Exp: 2022-02-16→ Registered Shares (38,331 underlying) - Award
Deferred Units
2012-02-17+15,737→ 15,737 totalExercise: $0.00→ Registered Shares (15,737 underlying)
Footnotes (2)
- [F1]On February 17, 2012, the reporting person was awarded 38,331 stock options which vest as follows: 12,777 on February 17, 2013; 12,777 on February 17, 2014; and 12,777 on February 17, 2015.
- [F2]Deferred Units, which are 1-for-1 share equivalents, will be granted on March 1, 2012, pursuant to the Issuer's long-term incentive plan and will vest as follows: 5,245 on March 1, 2013; 5,246 on March 1, 2014; and 5,246 on March 1, 2015.