SEC Form 4 · accession 0001179110-16-019269
Transocean Ltd. · RIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John B Stobart
Officer — EVP & COO
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 | 98,485 | A | — | Feb 11, 2026 | Registered Shares | 98,485 | 98,485 | D |
| Deferred UnitsF2 | $0.00 | Feb 11, 2016 | A | 57,732 | A | — | — | Registered Shares | 57,732 | 57,732 | D |
Explanation of responses
- F1On February 11, 2016, the reporting person was awarded 98,485 stock options which vest as follows: 32,829 on February 11, 2017; 32,828 on February 11, 2018; and 32,828 on February 11, 2019.
- F2The Deferred Units were acquired on February 11, 2016, by the reporting person persuant to the Issuer's long-term incentive plan and vest as follows: 19,244 on March 1, 2017, 19,244 on March 1, 2018; and 19,244 on March 1, 2019.