Filing Details
- Accession Number:
- 0001415889-23-002368
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-02-13 18:43:20
- Reporting Period:
- 2023-02-09
- Accepted Time:
- 2023-02-13 18:43:20
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1451505 | Transocean Ltd. | RIG | Drilling Oil & Gas Wells (1381) | 980599916 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1750415 | Keelan Adamson | 1414 Enclave Parkway Houston TX 77077 | President And Coo | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Registered Shares | Acquisiton | 2023-02-09 | 420,784 | $0.00 | 541,854 | No | 4 | M | Direct | |
| Registered Shares | Disposition | 2023-02-10 | 149,279 | $7.20 | 392,575 | No | 4 | F | Direct | |
| Registered Shares | Disposition | 2023-02-13 | 50,026 | $7.15 | 342,549 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Registered Shares | Restricted Units | Acquisiton | 2023-02-09 | 203,193 | $0.00 | 203,193 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 203,193 | No | 4 | A | Direct |
Footnotes
- 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.
- Shares sold upon vesting to satisfy tax withholding obligations.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 26, 2022.
- 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: 67,731 on March 1, 2024; 67,731 on March 1, 2025; and 67,731 on March 1, 2026.
Billionaire Hedge Funds
