Roderick James Mackenzie - Feb 6, 2025 Form 4 Insider Report for Transocean Ltd. (RIG)

Role
EVP, Chief Commercial Officer
Signature
/s/ Daniel Ro-Trock by Power of Attorney
Stock symbol
RIG
Transactions as of
Feb 6, 2025
Transactions value $
-$260,826
Form type
4
Date filed
2/10/2025, 04:38 PM
Previous filing
Jan 14, 2025
Next filing
Feb 13, 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 +177K +76.98% $0.00 406K Feb 6, 2025 Direct F1
transaction RIG Registered Shares Tax liability -$261K -71.3K -17.54% $3.66 335K 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.