Filing Details
- Accession Number:
- 0001415889-23-004151
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-03 16:55:45
- Reporting Period:
- 2023-03-01
- Accepted Time:
- 2023-03-03 16:55:45
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1451505 | Transocean Ltd. | RIG | Drilling Oil & Gas Wells (1381) | 980599916 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1750415 | Keelan Adamson | 1414 Enclave Parkway Houston TX 77077 | President And Coo | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Registered Shares | Acquisiton | 2023-03-01 | 109,091 | $7.08 | 451,590 | No | 4 | M | Direct | |
| Registered Shares | Acquisiton | 2023-03-01 | 109,903 | $7.08 | 561,493 | No | 4 | M | Direct | |
| Registered Shares | Acquisiton | 2023-03-01 | 134,874 | $7.08 | 696,367 | No | 4 | M | Direct | |
| Registered Shares | Disposition | 2023-03-02 | 142,560 | $6.76 | 553,807 | No | 4 | F | Direct | |
| Registered Shares | Disposition | 2023-03-02 | 70,994 | $6.81 | 482,813 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Footnotes
- Restricted Units, which are 1-for-1 share equivalents, acquired on May 8, 2020, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2023, resulting in the right of the reporting person to receive the registered shares.
- Restricted Units, which are 1-for-1 share equivalents, acquired on February 12, 2021, pursuant to the Issuer's long-term incentive plan. One third of such restricted units vested on March 1, 2023, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 109,904 on March 1, 2024.
- 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, 2023, resulting in the right of the reporting person to receive the registered shares. The remaining restricted share units vest as follows: 134,875 on March 1, 2024 and 134,875 on March 1, 2025.
- Shares sold upon vesting to satisfy tax withholding obligations.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 26, 2022.
Billionaire Hedge Funds
