Robert Thaddeus Vayda - May 1, 2024 Form 3 Insider Report for Transocean Ltd. (RIG)

Signature
/s/ Daniel Ro-Trock by Power of Attorney
Stock symbol
RIG
Transactions as of
May 1, 2024
Transactions value $
$0
Form type
3
Date filed
5/13/2024, 04:58 PM
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RIG Registered Shares 168K May 1, 2024 Direct
holding RIG Registered Shares 91 May 1, 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 May 1, 2024 Registered Shares 21.4K $0.00 Direct F2
holding RIG Stock Options May 1, 2024 Registered Shares 16.7K $0.00 Direct F2
holding RIG Stock Options May 1, 2024 Registered Shares 22.6K $0.00 Direct F2
holding RIG Stock Options May 1, 2024 Registered Shares 29.6K $0.00 Direct F2
holding RIG Restricted Units May 1, 2024 Registered Shares 27.8K $0.00 Direct F3
holding RIG Restricted Units May 1, 2024 Registered Shares 36K $0.00 Direct F4
holding RIG Restricted Units May 1, 2024 Registered Shares 68.5K $0.00 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.