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

Role
SVP, Chief Accounting Officer
Signature
/s/ Daniel Ro-Trock by Power of Attorney
Stock symbol
RIG
Transactions as of
Feb 6, 2025
Transactions value $
-$113,032
Form type
4
Date filed
2/10/2025, 04:39 PM
Previous filing
Aug 12, 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 +76.6K +65.78% $0.00 193K Feb 6, 2025 Direct F1
transaction RIG Registered Shares Tax liability -$113K -30.9K -16% $3.66 162K 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.