Key facts
- This page summarizes Adam C. Peakes's Form 4 filing for DIAMOND OFFSHORE DRILLING, INC..
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 04 Sep 2024, 17:34.
Adam C. Peakes - 04 Sep 2024 Form 4 Insider Report for DIAMOND OFFSHORE DRILLING, INC.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 04 Sep 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 04 Sep 2024, 17:34:22 UTC
- Prior SEC filing
- 16 Jan 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Terence W. Waldorf Attorney-in-Fact for, as Attorney-in-Fact for Adam C. Peakes
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Adam C. Peakes filed Form 4 for DIAMOND OFFSHORE DRILLING, INC. on 04 Sep 2024.
Change
- Previous filing in this sequence was filed on 16 Jan 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
DO
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -64,268
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 04 Sep 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 64,268
- Exercise price
- Footnotes
- F1, F2, F3, F5
DO
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -9,562
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 04 Sep 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 9,562
- Exercise price
- Footnotes
- F1, F2, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Adam C. Peakes is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 5 footnotes
Footnote F1
This Form 4 reports securities disposed of in connection with the Agreement and Plan of Merger (the "Merger Agreement"), dated June 9, 2024, by and among Diamond Offshore Drilling, Inc., a Delaware corporation (the "Issuer"), Noble Corporation plc, a public limited company incorporated under the laws of England and Wales ("Noble"), Dolphin Merger Sub 1, Inc., an indirect wholly owned subsidiary of Noble ("Merger Sub 1"), and Dolphin Merger Sub 2, Inc., an indirect wholly owned subsidiary of Noble ("Merger Sub 2"), under which, and upon the terms and subject to the conditions set forth therein, Merger Sub 1 merged with and into the Issuer (the "first merger"), with the Issuer surviving and becoming an indirect wholly owned subsidiary of Noble, and immediately thereafter, the Issuer, as the surviving entity in the first merger, merged with and into Merger Sub 2, with Merger Sub 2 surviving and continuing as an indirect wholly owned subsidiary of Noble.
Footnote F2
(Continued from footnote 1) Pursuant to the Merger Agreement, at the effective time of the first merger (the "effective time"), each share of common stock, par value $0.0001 per share, of the Issuer ("Diamond Offshore common stock") beneficially owned by the Reporting Person was exchanged for the right to receive the following: (a) $5.65 in cash, without interest, per share of Diamond Offshore common stock; (b) 0.2316 of validly issued, fully paid and non-assessable A ordinary shares, $0.00001 nominal value per share, of Noble ("Noble ordinary shares"); and (c) any cash in lieu of fractional Noble ordinary shares paid pursuant to the Merger Agreement (collectively, the Merger Consideration").
Footnote F3
Reported securities represent vested and undelivered time-vesting restricted stock units covering shares of Diamond Offshore common stock beneficially owned by the Reporting Person.
Footnote F4
Reported securities represent unvested time-vesting restricted stock units covering shares of Diamond Offshore common stock beneficially owned by the Reporting Person. Pursuant to the Merger Agreement, at the effective time, each unvested time-vesting restricted stock unit vested immediately.
Footnote F5
At the effective time, each time-vested restricted stock unit was, at the election of the Reporting Person, settled in either shares of Diamond Offshore common stock or cash pursuant to the applicable Restricted Stock Unit Award Agreement, and any such shares received in settlement were converted automatically into the right to receive the Merger Consideration upon the terms and subject to the conditions set forth in the Merger Agreement. The Reporting Person elected to settle in cash an aggregate of 20,779 of the total reported time-vesting restricted stock units.