Form 4 for RIG Transocean Ltd.
Accepted 2022-03-03 00:00:00 ET · period of report 2022-03-01 · accession 0001104659-22-030250 · 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 | THIGPEN JEREMY D | CEO, Dir | M - OptEx | $0.00 | +793.2K | 2.28M | +53% | $0 |
| 2022-03-03 | 2022-03-02 | RIG | THIGPEN JEREMY D | CEO, Dir | F - Tax | $3.57 | -316.5K | 1.97M | -14% | -$1.13M |
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 | 67,205 | $0.00 | 1,558,429 | D | — | — | (F1) Restricted Units, which are 1-for-1 share equivalents, acquired on February 7, 2019, by the reporting person 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 | 2022-03-01 | M | A | 363,636 | $0.00 | 1,922,065 | D | — | — | (F2) Restricted Units, which are 1-for-1 share equivalents, acquired on May 8, 2020, by the reporting person 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 units vest as follows: 363,637 on March 1, 2023. |
| 3 | Common | Registered Shares | 2022-03-01 | M | A | 362,319 | $0.00 | 2,284,384 | D | — | — | (F3) Restricted Units, which are 1-for-1 share equivalents, acquired on February 12, 2021, by the reporting person 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 units vest as follows: 362,319 on March 1, 2023 and 362,319 on March 1, 2024. |
| 4 | Common | Registered Shares | 2022-03-02 | F | D | 316,505 | $3.57 | 1,967,879 | D | — | — | (F4) Shares sold upon vesting to satisfy tax withholding obligations |