Form 4 for RIG Transocean Ltd.
Accepted 2022-03-03 00:00:00 ET · period of report 2022-03-01 · accession 0001104659-22-030244 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-03-03 | 2022-03-01 | RIG | Mey Mark-Anthony Lovell | EVP, CFO | M - OptEx | $0.00 | +296.6K | 810.3K | +58% | $0 |
| 2022-03-03 | 2022-03-02 | RIG | Mey Mark-Anthony Lovell | EVP, CFO | F - Tax | $3.57 | -118.4K | 822.4K | -13% | -$422.6K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Registered Shares | 2022-03-01 | M | A | 25,922 | $0.00 | 670,064 | D | — | — | (F1) Restricted Units, which are 1-for-1 share equivalents, acquired on February 7, 2019, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2022, resulting in the right of the reporting person to receive the registered shares. |
| 2 | Common | Registered Shares | 2022-03-02 | F | D | 118,366 | $3.57 | 822,392 | D | — | — | (F4) Shares sold upon vesting to satisfy tax withholding obligations. |
| 3 | Common | Registered Shares | 2022-03-01 | M | A | 130,434 | $0.00 | 940,758 | D | — | — | (F3) Restricted Units, which are 1-for-1 share equivalents, acquired on February 12, 2021, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2022, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 130,435 on March 1, 2023 and 130,435 on March 1, 2024. |
| 4 | Common | Registered Shares | 2022-03-01 | M | A | 140,260 | $0.00 | 810,324 | D | — | — | (F2) Restricted Units, which are 1-for-1 share equivalents, acquired on May 8, 2020, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2022, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 140,259 on March 1, 2023. |