Jeremy D. Thigpen - 06 Feb 2025 Form 4 Insider Report for Transocean Ltd. (RIG)

Role
CEO, Director
Signature
/s/ Daniel Ro-Trock by Power of Attorney
Issuer symbol
RIG
Transactions as of
06 Feb 2025
Net transactions value
-$1,445,213
Form type
4
Filing time
10 Feb 2025, 16:28:56 UTC
Previous filing
25 Sep 2024
Next filing
18 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIG Registered Shares Options Exercise $0 +979,354 +19% $0.000000 6,158,254 06 Feb 2025 Direct F1
transaction RIG Registered Shares Tax liability $1,445,213 -394,867 -6.4% $3.66 5,763,387 07 Feb 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deferred Units awarded on February 10, 2022, vested on February 6, 2025, upon satisfaction of the applicable performance measures pursuant to the Issuer's 2022-2024 performance cycle.
F2 Shares sold upon vesting to satisfy tax withholding obligations.