SEC Form 4 · accession 0001179110-18-001983
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 8, 2018
Accepted (ET)
Feb 12, 2018 · 9:14 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 | $9.18 | Feb 8, 2018 | A | 93,985 | A | — | Feb 7, 2028 | Registered Shars | 93,985 | 93,985 | D |
| Deferred UnitsF2 | $0.00 | Feb 8, 2018 | A | 46,685 | A | — | — | Registered Shares | 46,685 | 46,685 | D |
Explanation of responses
- F1On February 8, 2018, the reporting person was awarded 93,985 stock options which vest as follows: 31,328 on February 7, 2019; 31,328 on February 7, 2020; 31,329 on February 7, 2021.
- F2The Deferred Units were acquired on February 8, 2018, by the reporting person pursuant to the Issuer's long-term incentive plan, and vest as follows: 15,561 on March 1, 2019; 15,562 on March 1, 2020, and 15,562 on March 1, 2021.