SEC Form 4 · accession 0001451505-15-000145
Transocean Ltd. · RIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John B Stobart
Officer — EVP & COO
Period of report
Oct 5, 2015
Accepted (ET)
Oct 5, 2015 · 5:09 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 SharesF1 | Oct 5, 2015 | A | 7,042 | $0.00 | A | 7,042 | D | |
| Registered SharesF2 | Oct 5, 2015 | D | 2,438 | $13.87 | D | 4,604 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred UnitsF1 | $0.00 | Oct 5, 2015 | M | 0 | A | Oct 1, 2013 | — | Registered Shares | 7,042 | 0 | D |
Explanation of responses
- F1The Deferred Units were acquired on October 1, 2012, pursuant to the Issuer's long-term incentive plan. The final one-third of such deferred units vested on October 1, 2015, resulting in delivery of registered shares to the reporting person.
- F2Shares sold upon vesting to satisfy tax obligations.