4//SEC Filing
Transocean Ltd. 4
Accession 0001451505-25-000125
$RIGCIK 0001849820operating
Filed
Oct 30, 8:00 PM ET
Accepted
Oct 31, 6:34 PM ET
Size
9.2 KB
Accession
0001451505-25-000125
Insider Transaction Report
Form 4
Transocean Ltd.
10% Owner
Transactions
- Conversion
Common Stock, par value U.S. $0.0001
2025-10-28$1.76/sh+2,144,295$3,773,959→ 2,150,716 total(indirect: By Transocean International Limited) - Conversion
Convertible Senior Secured Term Loan 2023
2025-10-28→ 0 total(indirect: By Transocean International Limited)Exercise: $1.76From: 2023-09-18Exp: 2026-09-18→ Common Stock, par value U.S. $0.0001 (2,144,295 underlying)
Footnotes (3)
- [F1]These securities are owned directly by Transocean International Limited, a Bermuda exempted company limited by shares. Transocean International Limited is a wholly owned subsidiary of Transocean Ltd. Because Transocean Ltd. controls Transocean International Limited, both Transocean Ltd. and Transocean International Limited are deemed to beneficially own the shares of common stock that Transocean International Limited holds directly or has a right to acquire.
- [F2]The amount reported also includes 6,421 additional shares (the "Earnout Shares") of the Issuer's common stock issuable to the Reporting Person on or before September 9, 2027, pursuant to certain earnout conditions, as described in the Merger Agreement (as defined in the Reporting Person's Form 3 filed on September 9, 2023).
- [F3]The shares of the Issuer's common stock reported herein as being beneficially owned by the Reporting Person consists of the Earnout Shares and 2,144,295 shares of the Issuer's common stock acquired on October 28, 2025 (the "Conversion Shares") by Transocean International Limited in connection with the exercise of its right to convert $3,000,000 of outstanding principal amount of loans, together with accrued interest (the "Note Conversion"), made pursuant to that certain Senior Secured Term Loan Agreement, dated as of September 18, 2023, by and among the Issuer, the collateral agent and the other lenders party thereto (as amended, the "Convertible Note"). Loans made pursuant to the Convertible Note were convertible into shares of the Issuer's common stock at a conversion price of $1.76 per share.
Documents
Issuer
Nauticus Robotics, Inc.
CIK 0001849820
Entity typeoperating
IncorporatedSwitzerland
Related Parties
1- filerCIK 0001451505
Filing Metadata
- Form type
- 4
- Filed
- Oct 30, 8:00 PM ET
- Accepted
- Oct 31, 6:34 PM ET
- Size
- 9.2 KB