SEC Form 4 · accession 0001179110-18-007686
Transocean Ltd. · RIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark-Anthony Lovell Mey
Officer — EVP & CFO
Period of report
May 28, 2018
Accepted (ET)
May 30, 2018 · 6:01 pm EDT
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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Registered Shares | May 28, 2018 | A | 73,620 | $0.00 | A | 252,286 | D | |
| Registered SharesF2 | May 28, 2018 | F | 28,970 | $12.26 | D | 223,316 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted UnitsF1 | $0.00 | May 28, 2018 | M | 73,620 | A | May 28, 2018 | May 28, 2018 | Registered Shares | 73,620 | 0 | D |
Explanation of responses
- F1Restricted Units, which are 1-for-1 share equivalents, acquired on May 28, 2015, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on May 28, 2018, resulting in delivery of registered shares to the reporting person.
- F2Shares withheld upon vesting to satisfy tax withholding obligations.