SEC Form 4 · accession 0001499267-15-000009
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, 2015
Accepted (ET)
Jun 1, 2015 · 5:19 pm 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 | — | May 28, 2015 | A | 153,374 | A | — | — | Registered Shares | 153,374 | 153,374 | D |
| Deferred UnitsF2 | — | May 28, 2015 | A | 67,485 | A | — | — | Registered Shares | 67,485 | 67,485 | D |
| Deferred UnitsF3 | — | May 28, 2015 | A | 67,485 | A | — | — | Registered Shares | 67,485 | 67,485 | D |
Explanation of responses
- F1The Deferred Units were acquired on May 28, 2015, by the reporting person pursuant to the Issuer's long-term incentive plan and vest as follows: 51,125 on May 28, 2016; 51,125 on May 28, 2017; and 51,124 on May 28, 2018.
- F2The Deferred Units were acquired on May 28, 2015, by the reporting person pursuant to the Issuer's long-term incentive plan and vest as follows: 22,495 on May 28, 2016; 22,495 on May 28, 2017; and 22,495 on May 28, 2018.
- F3An equity award of performance units pursuant to the Issuer's long-term incentive plan which vest on December 31, 2017, subject to the achievement of certain performance metrics pre-determined by the Issuer's Board of Directors and currently in place for the Issuer's 2015-2017 performance cycle.