Jon L. Richards - May 12, 2024 Form 4 Insider Report for DIAMOND OFFSHORE DRILLING, INC. (DO)

Role
SVP & Chief Operating Officer
Signature
/s/ Terence W. Waldorf Attorney-in-Fact for Jon L. Richards
Stock symbol
DO
Transactions as of
May 12, 2024
Transactions value $
-$30,186
Form type
4
Date filed
5/14/2024, 04:01 PM
Previous filing
Mar 15, 2024
Next filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DO Common Stock Options Exercise +8.58K +19.98% 51.5K May 12, 2024 Direct F1
transaction DO Common Stock Tax liability -$30.2K -2.09K -4.06% $14.45 49.4K May 12, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DO Restricted Stock Units Options Exercise $0 -8.58K -50% $0.00 8.58K May 12, 2024 Common Stock 8.58K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 The restricted stock units vest in three equal annual installments on May 12, 2023, May 12, 2024 and May 12, 2025. One share of common stock will be delivered with respect to each vested restricted stock unit within 30 days after the applicable vesting date.