Munro Michael F 4
4 · Transocean Ltd. · Filed Nov 20, 2012
Insider Transaction Report
Form 4
Munro Michael F
VP, CCO & Deputy GC
Transactions
- Exercise/Conversion
Deferred Units
2012-11-17−2,614→ 0 totalExercise: $0.00From: 2012-11-17→ Registered Shares (2,614 underlying) - Tax Payment
Registered Shares
2012-11-17−692→ 5,127 total - Sale
Registered Shares
2012-11-19$45.36/sh−1,922$87,177→ 3,205 total - Exercise/Conversion
Registered Shares
2012-11-17+2,614→ 5,819 total
Footnotes (3)
- [F1]Deferred Units, where are 1-for-1 share equivalents, acquired on November 17, 2011, pursuant to the Issuer's long-term incentive plan. One-third of such deferred units vested on November 17, 2012, resulting in delivery of registered shares to the reporting person.
- [F2]Shares automatically withheld upon vesting to satisfy tax withholding obligations.
- [F3]This transaction was effected pursuant to a Rule 10b5-1 trading plan. Effective on November 18, 2012, the reporting person is no longer subject to Section 16 but for disclosure purposes it has been included on this Form 4 filing.