SEC Form 4 · accession 0001179110-17-002283
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 10, 2017
Accepted (ET)
Feb 13, 2017 · 5:30 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 | $13.35 | Feb 10, 2017 | A | 69,638 | A | — | Feb 10, 2027 | Registered Shares | 69,638 | 69,638 | D |
| Deferred UnitsF2 | $0.00 | Feb 10, 2017 | A | 36,127 | A | — | — | Registered Shares | 36,127 | 36,127 | D |
Explanation of responses
- F1On February 10, 2017, the reporting person was awarded 69,638 stock options which vest as follows: 23,212 on February 10, 2018; 23,213 on February 10, 2019; and 23,213 on February 10, 2020.
- F2The Deferred Units were acquired on February 10, 2017, by the reporting person pursuant to the Issuer's long-term incentive plan, and vest as follows: 12,042 on March 1, 2018; 12,042 on March 1, 2019; and 12,043 on March 1, 2020.