Form 4 for RIG Transocean Ltd.
Accepted 2023-02-13 00:00:00 ET · period of report 2023-02-09 · accession 0001415889-23-002366 · 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 | 2023-02-13 | 2023-02-10 | RIG | Mey Mark-Anthony Lovell | EVP, CFO | F - Tax | $7.20 | -218.5K | 1.14M | -16% | -$1.57M |
| D | 2023-02-13 | 2023-02-09 | RIG | Mey Mark-Anthony Lovell | EVP, CFO | M - OptEx | $0.00 | +541.0K | 1.36M | +66% | $0 |
| D | 2023-02-13 | 2023-02-09 | RIG | Mey Mark-Anthony Lovell | EVP, CFO | A - Grant | $0.00 | +195.9K | 195.9K | 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 | 2023-02-10 | F | D | 218,537 | $7.20 | 1,144,861 | D | — | — | (F2) Shares sold upon vesting to satisfy tax withholding obligations. |
| 2 | Common | Registered Shares | 2023-02-09 | M | A | 541,006 | $0.00 | 1,363,398 | D | — | — | (F1) Deferred Units awarded on May 8, 2020, vested on February 9, 2023, upon satisfaction of the applicable performance measures pursuant to the Issuer's 2020-2022 performance cycle. |
| 3 | Derivative | Restricted Units | 2023-02-09 | A | A | 195,936 | $0.00 | 195,936 | D | $0.00 · — to — | 195,936 Registered Shares | (F3) The Restricted Units were acquired on February 9, 2023, by the reporting person pursuant to the Issuer's long-term incentive plan. The restricted share units vest as follows: 65,312 on March 1, 2024; 65,312 on March 1, 2025; and 65,312 on March 1, 2026. |