Form 4 for RIG Transocean Ltd.
Accepted 2022-05-17 00:00:00 ET · period of report 2022-05-13 · accession 0001415889-22-005149 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-05-17 | 2022-05-13 | RIG | Mohn Frederik Wilhelm | Dir, 10% | P - Purchase | $3.75 | +2.00M | 82.64M | +2% | +$7.50M |
| D | 2022-05-17 | 2022-05-13 | RIG | Mohn Frederik Wilhelm | Dir, 10% | A - Grant | $0.00 | +54.7K | 54.7K | 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 | 2022-05-13 | P | A | 2,000,000 | $3.75 | 82,636,646 | I See footnote | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.55 to $3.85, inclusive. The reporting person undertakes to provide Transocean Ltd. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (1) to this Form 4. (F2) These securities are held directly by Perestroika AS. Mr. Frederik Mohn is a sole director and owner of Perestroika AS and is the beneficial owner of all securities owned by Perestroika AS. |
| 2 | Derivative | Restricted Units | 2022-05-13 | A | A | 54,688 | $0.00 | 54,688 | D | $0.00 · — to — | 54,688 Registered Shares | (F3) Restricted Units, which are 1-for-1 registered share equivalents, were acquired on May 13, 2022, pursuant to the Issuer's long-term incentive plan. Restricted Units vest on the earlier of: (i) May 13, 2023, or (ii) the date of the next Annual General Meeting of the Company's shareholders following the May 13, 2022 grant date. Pursuant to the award agreement, such Restricted Units will be payable in registered shares of the Issuer following the vesting date, as defined above. |