Form 4 for RIG Transocean Ltd.
Accepted 2022-02-14 00:00:00 ET · period of report 2022-02-10 · accession 0001179110-22-001161 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-14 | 2022-02-11 | RIG | THIGPEN JEREMY D | Pres, CEO, Dir | F - Tax | $3.61 | -107.1K | 1.49M | -7% | -$386.5K |
| D | 2022-02-14 | 2022-02-10 | RIG | THIGPEN JEREMY D | Pres, CEO, Dir | M - OptEx | $0.00 | +270.7K | 1.60M | +20% | $0 |
| D | 2022-02-14 | 2022-02-10 | RIG | THIGPEN JEREMY D | Pres, CEO, Dir | A - Grant | $0.00 | +1.16M | 1.16M | New | $0 |
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 | 2022-02-11 | F | D | 107,061 | $3.61 | 1,491,224 | D | — | — | (F2) Shares sold upon vesting to satisfy tax withholding obligations. |
| 2 | Common | Registered Shares | 2022-02-10 | M | A | 270,706 | $0.00 | 1,598,285 | D | — | — | (F1) Deferred Units awarded on February 7, 2019, vested on February 10, 2022 upon satisfaction of the applicable performance measures pursuant to the Issuer's 2019-2021 performance cycle. |
| 3 | Derivative | Restricted Units | 2022-02-10 | A | A | 1,156,069 | $0.00 | 1,156,069 | D | $0.00 · — to — | 1,156,069 Registered Shares | (F3) The Restricted Units were acquired on February 10, 2022, by the reporting person pursuant to the Issuer's long-term incentive plan. The restricted share units vest as follows: 385,356 on March 1, 2023; 385,356 on March 1, 2024; and 385,357 on March 1, 2025. |