SEC Form 4 · accession 0001240666-15-000009
Transocean Ltd. · RIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeremy D Thigpen
Officer — President & CEO
Period of report
Apr 22, 2015
Accepted (ET)
Apr 24, 2015 · 10:44 am EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred UnitsF1 | — | Apr 22, 2015 | A | 162,549 | A | — | — | Registered Shares | 162,549 | 162,549 | D |
| Deferred UnitsF2 | — | Apr 22, 2015 | A | 178,804 | A | — | — | Registered Shares | 178,804 | 341,353 | D |
| Deferred UnitsF3 | — | Apr 22, 2015 | A | 178,804 | A | — | — | Registered Shares | 178,804 | 178,804 | D |
Explanation of responses
- F1The Deferred Units were acquired on April 22, 2015, by the reporting person pursuant to the Issuer's long-term incentive plan and vest as follows: 54,183 on April 22, 2016; 54,183 on April 22, 2017; and 54,183 on April 22, 2018.
- F2The Deferred Units were acquired on April 22, 2015, by the reporting person pursuant to the Issuer's long-term incentive plan and vest as follows: 59,601 on April 22, 2016; 59,601 on April 22, 2017; and 59,602 on April 22, 2018.
- F3An equity award of performance stock (Contingent Deferred Units) pursuant to the Issuer's long-term incentive plan which are subject to vesting and performance measures currently in place for the Issuer's 2015-2017 performance cycle.