Transocean Ltd. 4
4 · Transocean Ltd. · Filed Nov 17, 2014
Insider Transaction Report
Form 4
Ikaheimonen Esa
EVP & CFO
Transactions
- Exercise/Conversion
Deferred Units
2014-11-15−5,389→ 5,264 totalExercise: $0.00From: 2014-11-15→ Registered Shares (5,389 underlying) - Exercise/Conversion
Registered Shares
2014-11-15+5,389→ 22,703 total - Tax Payment
Registered Shares
2014-11-15−2,125→ 20,578 total
Footnotes (2)
- [F1]Deferred Units, which are 1-for-1 share equivalents, acquired on [November 15, 2012], pursuant to the Issuer's long-term incentive plan. One third of such deferred units vested on [November 15, 2014], resulting in delivery of registered shares to the reporting person.
- [F2]These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.