David L. Roland - 01 Jul 2022 Form 4 Insider Report for DIAMOND OFFSHORE DRILLING, INC. (DO)

Role
SVP, General Counsel and Sec
Signature
/s/ Terence W. Waldorf Attorney-in-Fact for David L. Roland
Issuer symbol
DO
Transactions as of
01 Jul 2022
Transactions value $
-$29,835
Form type
4
Filing time
06 Jul 2022, 16:59:11 UTC
Previous filing
16 May 2022
Next filing
16 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DO Common Stock Options Exercise +20.1K 20.1K 01 Jul 2022 Direct F1
transaction DO Common Stock Tax liability -$29.8K -4.9K -24.35% $6.09 15.2K 01 Jul 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DO Restricted Stock Units Options Exercise $0 -20.1K -33.33% $0.00 40.2K 01 Jul 2022 Common Stock 20.1K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 The restricted stock units vest in three equal installments on July 1, 2022, July 1, 2023 and July 1, 2024. One share of common stock will be delivered with respect to each vested restricted stock unit within 30 days after the applicable vesting date.