Transocean Ltd. 4
4 · Transocean Ltd. · Filed May 22, 2012
Insider Transaction Report
Form 4
MCNAMARA MARTIN B
Director
Transactions
- Exercise/Conversion
Deferred Units
2012-05-19+5,742→ 5,742 totalExercise: $0.00→ Registered Shares (5,742 underlying)
Footnotes (1)
- [F1]Deferred Units, which are 1-for-1 registered share equivalents, were acquired on May 19, 2012 pursuant to the issuer's long-term incentive plan. Deferred Units vest in equal installments on May 19, 2013, 2014 and 2015. 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.