Katz Allen M 4
4 · Transocean Ltd. · Filed Nov 20, 2012
Insider Transaction Report
Form 4
Katz Allen M
Interim SVP & GC
Transactions
- Award
Registered Shares
2012-11-19+32,328→ 32,328 total
Footnotes (1)
- [F1]Deferred units under the Issuer's Long-Term Incentive Program which will vest in equal installments on November 19, 2013, November 19, 2014 and November 19, 2015. Fifty percent of the grant shall be deemed earned on November 17, 2012 for the employment period ending June 30, 2013, and the remaining fifty percent of the grant will remain subject to adjustment based proportionately on the length of Mr. Katz's employment between June 30, 2013 and December 31, 2013 and be subject to further conditions set forth in Mr. Katz's employment agreement dated November 17, 2012 and to be filed with the Securities and Exchange Commission on Form 8-K on November 21, 2012.