SEC Form 4 · accession 0001179110-17-002287
Transocean Ltd. · RIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeremy D Thigpen
Officer — President & CEO · Director
Period of report
Feb 10, 2017
Accepted (ET)
Feb 13, 2017 · 5:34 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 | 217,618 | A | — | Feb 10, 2027 | Registered Shares | 217,618 | 217,618 | D |
| Deferred UnitsF2 | $0.00 | Feb 10, 2017 | A | 112,897 | A | — | — | Registered Shares | 112,897 | 112,897 | D |
Explanation of responses
- F1On February 10, 2017, the reporting person was awarded 217,618 stock options which vest as follows: 72,539 on February 10, 2018; 72,539 on February 10, 2019; and 72,540 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: 37,632 on March 1, 2018; 37,632 on March 1, 2019; and 37,633 on March 1, 2020.