SEC Form 4 · accession 0001179110-16-019271
Transocean Ltd. · RIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brady K Long
Officer — SVP & General Counsel
Period of report
Feb 11, 2016
Accepted (ET)
Feb 16, 2016 · 3:57 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 | 58,489 | A | — | Feb 11, 2026 | Registered Shares | 58,489 | 58,489 | D |
| Deferred UnitsF2 | $0.00 | Feb 11, 2016 | A | 34,287 | A | — | — | Registered Shares | 34,287 | 34,287 | D |
Explanation of responses
- F1On February 11, 2016, the reporting person was awarded 58,489 stock options which vest as follows: 19,497 on February 11, 2017; 19,496 on February 11, 2018; and 19,469 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: 11,429 on March 1, 2017; 11,429 on March 1, 2018; and 11,429 on March 1, 2019.