Keelan Adamson - Feb 6, 2025 Form 4 Insider Report for Transocean Ltd. (RIG)

Role
PRESIDENT AND COO
Signature
/s/ Daniel Ro-Trock by Power of Attorney
Stock symbol
RIG
Transactions as of
Feb 6, 2025
Transactions value $
-$505,841
Form type
4
Date filed
2/10/2025, 04:33 PM
Previous filing
Mar 5, 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 +343K +33.57% $0.00 1.36M Feb 6, 2025 Direct F1
transaction RIG Registered Shares Tax liability -$506K -138K -10.13% $3.66 1.23M 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.