SEC Form 4 · accession 0001179110-16-020853

Transocean Ltd. · RIG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SVP, Marketing

Period of report

Mar 1, 2016

Accepted (ET)

Mar 3, 2016 · 4:07 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001451505

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Registered Shares^F1	Mar 1, 2016	M	2,344	$0.00	A	15,002	D
Registered Shares^F2	Mar 1, 2016	M	3,887	$0.00	A	18,889	D
Registered Shares^F3	Mar 1, 2016	M	8,221	$0.00	A	27,110	D
Registered Shares^F4	Mar 1, 2016	F	4,081	$8.81	D	23,029	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Units^F1,F2	$0.00	Mar 1, 2016	M	2,344	D	Mar 1, 2016	—	Registered Shares	2,344	0	D
Restricted Units^F2	$0.00	Mar 1, 2016	M	3,887	D	Mar 1, 2016	—	Registered Shares	3,887	3,887	D
Restricted Units^F3	$0.00	Mar 1, 2016	M	8,221	D	Mar 1, 2016	—	Registered Shares	8,221	16,443	D

F1Restricted Units, which are 1-for-1 share equivalents, acquired on February 14, 2013, pursuant to the Issuer's long-term incentive plan. One third of such deferred units vested on March 1, 2016, resulting in delivery of registered shares to the reporting person.
F2Restricted Units, which are 1-for-1 share equivalents, acquired on February 14, 2014, pursuant to the Issuer's long-term incentive plan. One third of such deferred units vested on March 1, 2016, resulting in delivery of registered shares to the reporting person.
F3Restricted Units, which are 1-for-1 share equivalents, acquired on February 14, 2015, pursuant to the Issuer's long-term incentive plan. One third of such deferred units vested on March 1, 2016, resulting in delivery of registered shares to the reporting person.
F4Shares sold upon vesting to satisify tax witholding obligations.