4//SEC Filing
CAUTHEN GREGORY L 4
Accession 0001451505-12-000083
CIK 0001451505other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 4:15 PM ET
Size
6.0 KB
Accession
0001451505-12-000083
Insider Transaction Report
Form 4
CAUTHEN GREGORY L
Sr. VP and CFO
Transactions
- Award
Deferred Units
2012-07-01+30,002→ 30,002 totalExercise: $0.00→ Registered Shares (30,002 underlying)
Footnotes (2)
- [F1]Each Deferred Unit represents a contingent right to receive one common share of the Issuer.
- [F2]The Deferred Units were acquired on July 1, 2012 pursuant to the Issuer's long-term incentive plan. The number of Deferred Units actually earned will be dependent on the duration of the reporting person's continued employment with the Issuer and will be calculated by multiplying 30,002 by a fraction, the numerator of which is the number of calendar days of his employment during the period July 1, 2012 to December 31, 2012 and denominator of which is 184. The Deferred Units vest as follows: 10,000 shares on July 1, 2013; 10,001 shares on July 1, 2014; and 10,001 shares on July 1, 2015.
Documents
Issuer
Transocean Ltd.
CIK 0001451505
Entity typeother
Related Parties
1- filerCIK 0001249071
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 4:15 PM ET
- Size
- 6.0 KB