Key facts
- This page summarizes Simon Johnson's Form 3 filing for Seadrill Ltd (SDRL).
- 0 reported transactions and 5 derivative rows are listed below.
- Accepted by SEC: 02 Jan 2025, 12:42.
Key filing fact
Ownership activity is grounded in SEC Form 3 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
No transaction description listed
No transaction description listed
No transaction description listed
No transaction description listed
No transaction description listed
Additional SEC filing notes
Footnote F1
Represents restricted stock units granted to the reporting person on August 6, 2022. Each restricted stock unit represents a contingent right to receive one common share, par value $0.01 per share (a "Common Share"), of Seadrill Limited (the "Company"). The restricted stock units vest on August 6, 2025 and will be settled in cash or Common Shares at the election of the Joint Nomination and Remuneration Committee of the Board of Directors of the Company (the "Committee").
Footnote F2
Represents restricted stock units granted to the reporting person on September 25, 2023. Each restricted stock unit represents a contingent right to receive one Common Share. The restricted stock units vest on September 25, 2025 and will be settled in cash or Common Shares at the election of the Committee.
Footnote F3
Represents restricted stock units granted to the reporting person on April 17, 2024. Each restricted stock unit represents a contingent right to receive one Common Share. The restricted stock units vest in three equal annual installments beginning on April 17, 2025 and will be settled in cash or Common Shares at the election of the Committee.
Footnote F4
Represents performance-based restricted stock units granted to the reporting person on August 6, 2022. Each restricted stock unit represents a contingent right to receive one Common Share. The restricted stock units may be earned based on the extent the Company maintains or exceeds set per Common Share trading prices for a period of at least 45 consecutive trading days over the period beginning on August 6, 2022 and ending on August 6, 2025. The earned restricted stock units vest subject to the reporting person's continued employment during such period and will be settled in cash or Common Shares at the election of the Committee.
Footnote F5
Represents performance-based restricted stock units granted to the reporting person on September 25, 2023 for which the performance metric described below has been certified by the Committee. Each restricted stock unit represents a contingent right to receive one Common Share. The restricted stock units were earned based on the achievement of an annual free cash flow performance metric for the annual measurement period beginning on January 1, 2023 and ending on December 31, 2023. The earned restricted stock units vest subject to the reporting person's continued employment from the grant date through December 31, 2025 and will be settled in cash or Common Shares at the election of the Committee.
SEC remarks
Exhibit List: Exhibit 24 - Power of Attorney