Form 4 for RIG Transocean Ltd.
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0001415889-24-006893 · 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 | 2024-03-05 | 2024-03-01 | RIG | Long Brady K | EVP, GC | M - OptEx | $5.09 | +254.5K | 1.50M | +21% | +$1.30M |
| 2024-03-05 | 2024-03-04 | RIG | Long Brady K | EVP, GC | F - Tax | $5.08 | -100.7K | 1.45M | -7% | -$511.3K |
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 | 2024-03-01 | M | A | 96,619 | $5.09 | 1,390,100 | D | — | — | (F1) Restricted Units, which are 1-for-1 share equivalents, acquired on February 12, 2021, pursuant to the Issuer's long-term incentive plan. One third of such restricted share units vested on March 1, 2024, resulting in the right of the reporting person to receive the registered shares. |
| 2 | Common | Registered Shares | 2024-03-04 | F | D | 100,654 | $5.08 | 1,447,320 | D | — | — | (F4) Shares sold upon vesting to satisfy tax withholding obligations. |
| 3 | Common | Registered Shares | 2024-03-01 | M | A | 52,777 | $5.09 | 1,547,974 | D | — | — | (F3) Restricted Units, which are 1-for-1 share equivalents, acquired on February 9, 2023, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2024, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 52,777 on March 1, 2025 and 52,778 on March 1, 2026 |
| 4 | Common | Registered Shares | 2024-03-01 | M | A | 105,097 | $5.09 | 1,495,197 | D | — | — | (F2) Restricted Units, which are 1-for-1 share equivalents, acquired on February 10, 2022, pursuant to the Issuer's long-term incentive plan. One third of such restricted share units vested on March 1, 2024, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 105,098 on March 1, 2025. |