Roderick James Mackenzie - 01 Mar 2025 Form 4 Insider Report for Transocean Ltd. (RIG)

Signature
/s/ Daniel Ro-Trock by Power of Attorney
Issuer symbol
RIG
Transactions as of
01 Mar 2025
Net transactions value
+$276,619
Form type
4
Filing time
04 Mar 2025, 19:40:01 UTC
Previous filing
18 Feb 2025
Next filing
12 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIG Registered Shares Options Exercise $205,158 +69,545 +22% $2.95 382,617 01 Mar 2025 Direct F1
transaction RIG Registered Shares Options Exercise $103,026 +34,924 +9.1% $2.95 417,541 01 Mar 2025 Direct F2
transaction RIG Registered Shares Options Exercise $149,456 +50,663 +12% $2.95 468,204 01 Mar 2025 Direct F3
transaction RIG Registered Shares Tax liability $181,021 -61,363 -13% $2.95 406,841 03 Mar 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Units, which are 1-for-1 share equivalents, acquired on February 10, 2022, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2025.
F2 Restricted Units, which are 1-for-1 share equivalents, acquired on February 9, 2023, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2025, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 34,924 on March 1, 2026.
F3 Restricted Units, which are 1-for-1 share equivalents, acquired on February 8, 2024, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2025, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 50,663 on March 1, 2026 and 50,664 on March 1, 2027.
F4 Shares sold upon vesting to satisfy tax withholding obligations.