Jason Pack - 02 Aug 2024 Form 3 Insider Report for Transocean Ltd. (RIG)

Role
SVP, Chief Accounting Officer
Signature
/s/ Daniel Ro-Trock by Power of Attorney
Issuer symbol
RIG
Transactions as of
02 Aug 2024
Transactions value $
$0
Form type
3
Filing time
12 Aug 2024, 16:31:26 UTC
Next filing
10 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RIG Registered Shares 116K 02 Aug 2024 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
holding RIG Stock Options 02 Aug 2024 Registered Shares 27.8K $0.00 Direct F1
holding RIG Restricted Units 02 Aug 2024 Registered Shares 30.1K $0.00 Direct F2
holding RIG Restricted Units 02 Aug 2024 Registered Shares 30.3K $0.00 Direct F3
holding RIG Restricted Units 02 Aug 2024 Registered Shares 57.6K $0.00 Direct F4
holding RIG Restricted Units 02 Aug 2024 Registered Shares 8.7K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Non-Qualified Stock Options fully vested and exercisable.
F2 The Restricted Units were acquired on February 10, 2022, by the reporting person pursuant to the Issuer's long-term incentive plan. The restricted share units vest on March 1, 2025.
F3 The Restricted Units were acquired on February 9, 2023, by the reporting person pursuant to the Issuer's long-term incentive plan. The restricted share units vest as follows: 15,134 on March 1, 2025; and 15,134 on March 1, 2026.
F4 The Restricted Units were acquired on February 8, 2024, by the reporting person pursuant to the Issuer's long-term incentive plan. The restricted share units vest as follows: 19,209 on March 1, 2025; 19,210 on March 1, 2026; and 19,210 on March 1, 2027.
F5 The Restricted Units were acquired on May 16, 2024, by the reporting person pursuant to the Issuer's long-term incentive plan. The restricted share units vest as follows: 2,901 on May 29, 2025; 2,901 on March 1, 2026; and 2,901 on March 1, 2027.