Patrice D. Douglas - Jan 15, 2024 Form 4 Insider Report for DIAMOND OFFSHORE DRILLING, INC. (DO)

Role: Director
Signature: /s/ Terence W. Waldorf Attorney-in-Fact for Patrice D. Douglas
Stock symbol: DO
Transactions as of: Jan 15, 2024
Transactions value $: $0
Form type: 4
Date filed: 1/16/2024, 05:22 PM
Previous filing: Sep 12, 2023
Next filing: Jul 3, 2024

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	Award	$0	+9.56K		$0.00	9.56K	Jan 15, 2024	Common Stock	9.56K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of common stock.
F2	The restricted stock units vest and become non-forfeitable on the first anniversary of the grant date. The vested shares of common stock will be delivered to the reporting person following the earliest to occur of (i) the fifth anniversary of the grant date, (ii) the reporting person's separation from service with the issuer and (iii) a change in control (as defined in the award agreement) of the issuer.

Content

Each restricted stock unit represents a contingent right to receive one share of common stock.

The restricted stock units vest and become non-forfeitable on the first anniversary of the grant date. The vested shares of common stock will be delivered to the reporting person following the earliest to occur of (i) the fifth anniversary of the grant date, (ii) the reporting person's separation from service with the issuer and (iii) a change in control (as defined in the award agreement) of the issuer.