Transocean Ltd. 4
4 · Transocean Ltd. · Filed Jan 3, 2014
Insider Transaction Report
Form 4
Katz Allen M
Interim SVP & GC
Transactions
- Sale
Registered Shares
2013-12-26$48.32/sh−7,427$358,899→ 21,552 total - Award
Deferred Units
2014-01-01+15,075→ 15,075 totalExercise: $0.00→ Deferred Units (15,075 underlying)
Footnotes (2)
- [F1]The transaction reported in Table I of this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- [F2]Deferred Units, which are 1-for-1 registered share equivalents, were acquired on January 1, 2014 pursuant to the issuer's long-term incentive plan. Deferred Units shall be deemed to be earned on a pro-rated basis. Any Deferred Units which are deemed to be "earned" in accordance with the foregoing shall be vested and payable in three equal installments on the three anniversaries following the date of grant (January 1, 2015, January 1, 2016 and January 1, 2017).