SEC Form 4 · accession 0001179110-16-019272
Transocean Ltd. · RIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A Tonnel
Officer — SVP, Controller & Supply Chain
Period of report
Feb 11, 2016
Accepted (ET)
Feb 16, 2016 · 3:58 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 | 44,118 | A | — | Feb 11, 2026 | Registered Shares | 44,118 | 44,118 | D |
| Deferred UnitsF2 | $0.00 | Feb 11, 2016 | A | 25,862 | A | — | — | Registered Shares | 25,862 | 25,862 | D |
Explanation of responses
- F1On February 11, 2016, the reporting person was awarded 44,118 stock options which vest as follows: 14,706 on February 11, 2017; 14,706 on February 11, 2018; and 14,706 on February 11, 2019.
- F2The Deferred Units were acquired on February 11, 2016, by the reportin person pursuant the Issuer's long-term incentive plan and vest as follows: 8,621 on March 1, 2017; 8,621 on March 1, 2018; and 8,620 on March 1, 2019.