Dominic A. Savarino - 25 Jul 2024 Form 4 Insider Report for DIAMOND OFFSHORE DRILLING, INC. (DO)

Signature
/s/ Terence W. Waldorf Attorney-in-Fact for Dominic A. Savarino
Issuer symbol
DO
Transactions as of
25 Jul 2024
Net transactions value
-$181,559
Form type
4
Filing time
29 Jul 2024, 13:10:09 UTC
Previous filing
02 Jul 2024
Next filing
04 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DO Common Stock Award +30,176 +56% 83,700 25 Jul 2024 Direct F1, F2
transaction DO Common Stock Tax liability $181,559 -11,166 -13% $16.26 72,534 25 Jul 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares of common stock represent shares issuable pursuant to performance-based restricted stock units awarded on July 1, 2021 and October 1, 2021 that vested on July 25, 2024 (the "Determination Date") upon determination of the level of attainment of the performance goals following the performance period and the number of performance-based restricted stock units eligible to vest. The shares of common stock are deliverable by the company to the reporting person within 30 days following the Determination Date.
F2 The shares were received for no consideration upon the satisfaction of performance criteria underlying the award of performance-based restricted stock units.