Robert Thaddeus Vayda - Feb 6, 2025 Form 4 Insider Report for Transocean Ltd. (RIG)

Role
EVP, Chief Financial Officer
Signature
/s/ Daniel Ro-Trock by Power of Attorney
Stock symbol
RIG
Transactions as of
Feb 6, 2025
Transactions value $
-$104,339
Form type
4
Date filed
2/10/2025, 04:30 PM
Previous filing
May 17, 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 +70.7K +42% $0.00 239K Feb 6, 2025 Direct F1
transaction RIG Registered Shares Tax liability -$104K -28.5K -11.93% $3.66 211K Feb 7, 2025 Direct F2
holding RIG Registered Shares 91 Feb 6, 2025 By Child F3
* 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.
F3 The reporting person disclaims beneficial ownership of these shares, and this report should not be deemed an admission that the reporting person is the beneficial owner of these shares for the purposes of Section 16 or any other purpose.