DAVIS HOWARD E (EVP, CAO & CIO) exercised options at TRANSOCEAN LTD.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 2/14/2022ACC: 0001179110-22-001165
Officer· EVP, CAO & CIO
Since Aug 2018
+334.47K
Net shares
Net buyer
$118.7K
Total sold
0
Open market trades
0B · 0S
4
Total transactions
393.84K acquired · 59.37K disposed
Non-Derivative Transactions3
Registered Shares
Direct
Shares
−26.49K
Price / share
—
Trade value
—
% of position
7.5%
12/27/2021
354.64K→328.16K
Registered Shares
Direct
Shares
+83.15K
Price / share
—
Trade value
—
% of position
25.3%
2/10/2022
328.16K→411.30K
Registered Shares
Direct
Shares
−32.89K
Price / share
$3.61
Trade value
$118.72K
% of position
8.0%
2/11/2022
411.30K→378.42K
Total
Net shares
+23.77K
Net value
-$118.72K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Registered Shares Direct | 12/27/2021 | G · Gift | −26.49K | — | — | 7.5% | 354.64K | 328.16K |
| Registered Shares Direct | 2/10/2022 | M · Option Exercise | +83.15K | — | — | 25.3% | 328.16K | 411.30K |
| Registered Shares Direct | 2/11/2022 | F · Tax Withholding | −32.89K | $3.61 | $118.72K | 8.0% | 411.30K | 378.42K |
| Total | +23.77K | -$118.72K | ||||||
Derivative Transactions1
Restricted Units
Direct
Converts to
Registered Shares
310.69K shares
Shares
+310.69K
Strike price
0
Held after
310.69K
Exercisable
—
2/10/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Units Direct | Registered Shares310.69K shares | 2/10/2022 | A · Award | +310.69K | 0 | — | 310.69K |