Form 4 for RIG Transocean Ltd.
Accepted 2024-02-12 00:00:00 ET · period of report 2024-02-08 · accession 0001415889-24-003402 · 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 | 2024-02-12 | 2024-02-08 | RIG | DAVIS HOWARD E | EVP, CAO, CIO | M - OptEx | $0.00 | +554.8K | 1.48M | +60% | $0 |
| D | 2024-02-12 | 2024-02-09 | RIG | DAVIS HOWARD E | EVP, CAO, CIO | F - Tax | $5.08 | -209.0K | 1.27M | -14% | -$1.06M |
| D | 2024-02-12 | 2024-02-08 | RIG | DAVIS HOWARD E | EVP, CAO, CIO | A - Grant | $0.00 | +198.0K | 198.0K | 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 | 2024-02-08 | M | A | 554,801 | $0.00 | 1,479,407 | D | — | — | (F1) Deferred Units awarded on February 12, 2021, vested on February 8, 2024, upon satisfaction of the applicable performance measures pursuant to the Issuer's 2021-2023 performance cycle. |
| 2 | Common | Registered Shares | 2024-02-09 | F | D | 209,004 | $5.08 | 1,270,403 | D | — | — | (F2) Shares sold upon vesting to satisfy tax withholding obligations. |
| 3 | Derivative | Restricted Units | 2024-02-08 | A | A | 198,047 | $0.00 | 198,047 | D | $0.00 · — to — | 198,047 Registered Shares | (F3) The Restricted Units were acquired on February 8, 2024, by the reporting person pursuant to the Issuer's long-term incentive plan. The restricted share units vest as follows: 66,015 on March 1, 2025; 66,016 on March 1, 2026; and 66,016 on March 1, 2027. |