SEC Form 4 · accession 0001179110-16-019267
Transocean Ltd. · RIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeremy D Thigpen
Officer — President & CEO · Director
Period of report
Feb 11, 2016
Accepted (ET)
Feb 16, 2016 · 3:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001451505
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF1 | $8.61 | Feb 11, 2016 | A | 233,957 | A | — | Feb 11, 2026 | Registered Shares | 233,957 | 233,957 | D |
| Deferred UnitsF2 | $0.00 | Feb 11, 2016 | A | 137,147 | A | — | — | Registered Shares | 137,147 | 137,147 | D |
Explanation of responses
- F1On February 11, 2016, the reporting person was awarded 233,957 stock options which vest as follows: 77,986 on February 11, 2017; 77,986 on February 11, 2018; and 77,985 on February 11, 2019.
- F2The Deferred Units were acquired on February 11, 2016, by the reporting person pursuant to the Issuer's long-term incentive plan, and vest as follows: 45,716 on March 1, 2017; 45,716 on March 1, 2018; and 45,715 on March 1, 2019.