Robert Thaddeus Vayda - 01 May 2024 Form 3 Insider Report for Transocean Ltd. (RIG)

Role: EVP, Chief Financial Officer
Signature: /s/ Daniel Ro-Trock by Power of Attorney
Issuer symbol: RIG
Transactions as of: 01 May 2024
Net transactions value: $0
Form type: 3
Filing time: 13 May 2024, 16:58:08 UTC
Next filing: 17 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RIG	Registered Shares						168,315	01 May 2024	Direct
holding	RIG	Registered Shares						91	01 May 2024	By Child	F1

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
holding	RIG	Stock Options							01 May 2024	Registered Shares	21,390	$0.000000	Direct	F2
holding	RIG	Stock Options							01 May 2024	Registered Shares	16,713	$0.000000	Direct	F2
holding	RIG	Stock Options							01 May 2024	Registered Shares	22,556	$0.000000	Direct	F2
holding	RIG	Stock Options							01 May 2024	Registered Shares	29,630	$0.000000	Direct	F2
holding	RIG	Restricted Units							01 May 2024	Registered Shares	27,818	$0.000000	Direct	F3
holding	RIG	Restricted Units							01 May 2024	Registered Shares	35,982	$0.000000	Direct	F4
holding	RIG	Restricted Units							01 May 2024	Registered Shares	68,511	$0.000000	Direct	F5

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

Explanation of Responses:

Id	Content
F1	The reporting person disclaims beneficial ownership of these shares, and this report should not be deemed an admission that the reporting person is the beneficial owner of these shares for the purposes of Section 16 or any other purpose.
F2	Non-Qualified Stock Options fully vested and exercisable.
F3	The Restricted Units were acquired on February 10, 2022, by the reporting person pursuant to the Issuer's long-term incentive plan. The restricted units vest on March 1, 2025.
F4	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: 17,991 on March 1, 2025; and 17,991 on March 1, 2026.
F5	The Restricted Units were acquired on February 8, 2024, by the reporting person pursuant to the Issuer's long-term incentive plan. The restricted share units vest as follows: 22,837 on March 1, 2025; 22,837 on March 1, 2026; and 22,837 on March 1, 2027.