SEC Form 4 · accession 0001209191-18-022823
DIAMOND OFFSHORE DRILLING, INC. · DO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L Roland
Officer — SVP, General Counsel and Sec
Period of report
Apr 1, 2018
Accepted (ET)
Apr 3, 2018 · 3:53 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000949039
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 1, 2018 | M | 2,400 | — | A | 9,333 | D | |
| Common Stock | Apr 1, 2018 | F | 585 | $14.66 | D | 8,748 | D | |
| Common StockF1 | Apr 1, 2018 | M | 2,895 | — | A | 11,643 | D | |
| Common Stock | Apr 1, 2018 | F | 705 | $14.66 | D | 10,938 | D | |
| Common StockF2 | holding | — | — | — | 810 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Apr 1, 2018 | M | 2,400 | D | — | — | Common Stock | 2,400 | 0 | D |
| Restricted Stock UnitsF1,F4 | — | Apr 1, 2018 | M | 2,895 | D | — | — | Common Stock | 2,895 | 2,894 | D |
| Restricted Stock UnitsF5,F6 | — | Apr 1, 2018 | A | 5,267 | A | — | — | Common Stock | 5,267 | 5,267 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Based on a plan statement as of April 2, 2018.
- F3The restricted stock units that were awarded on April 1, 2015 vest in two equal installments on April 1, 2017 and April 1, 2018. One share of common stock will be delivered with respect to each vested restricted stock unit within 30 days after the applicable vesting date.
- F4The restricted stock units that were awarded on April 1, 2016 vest in two equal installments on April 1, 2018 and April 1, 2019. One share of common stock will be delivered with respect to each vested restricted stock unit within 30 days after the applicable vesting date.
- F5Each restricted stock unit represents a contingent right to receive one share of common stock.
- F6The restricted stock units vest in two equal installments on April 1, 2020 and April 1, 2021. One share of common stock will be delivered with respect to each vested restricted stock unit within 30 days after the applicable vesting date.