Jeremy D. Thigpen - Feb 6, 2025 Form 4 Insider Report for Transocean Ltd. (RIG)

Role
CEO, Director
Signature
/s/ Daniel Ro-Trock by Power of Attorney
Stock symbol
RIG
Transactions as of
Feb 6, 2025
Transactions value $
-$1,445,213
Form type
4
Date filed
2/10/2025, 04:28 PM
Previous filing
Sep 25, 2024
Next filing
Feb 18, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIG Registered Shares Options Exercise $0 +979K +18.91% $0.00 6.16M Feb 6, 2025 Direct F1
transaction RIG Registered Shares Tax liability -$1.45M -395K -6.41% $3.66 5.76M Feb 7, 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deferred Units awarded on February 10, 2022, vested on February 6, 2025, upon satisfaction of the applicable performance measures pursuant to the Issuer's 2022-2024 performance cycle.
F2 Shares sold upon vesting to satisfy tax withholding obligations.