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: 2/13/2023ACC: 0001415889-23-002370
Officer· EVP, CAO & CIO
Since Aug 2018
+412.55K
Net shares
Net buyer
$1.25M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
586.83K acquired · 174.28K disposed
Non-Derivative Transactions2
Registered Shares
Direct
Shares
+430.80K
Price / share
—
Trade value
—
% of position
86.6%
2/9/2023
497.46K→928.26K
Registered Shares
Direct
Shares
−174.28K
Price / share
$7.20
Trade value
$1.25M
% of position
18.8%
2/10/2023
928.26K→753.98K
Total
Net shares
+256.52K
Net value
-$1.25M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Registered Shares Direct | 2/9/2023 | M · Option Exercise | +430.80K | — | — | 86.6% | 497.46K | 928.26K |
| Registered Shares Direct | 2/10/2023 | F · Tax Withholding | −174.28K | $7.20 | $1.25M | 18.8% | 928.26K | 753.98K |
| Total | +256.52K | -$1.25M | ||||||
Derivative Transactions1
Restricted Units
Direct
Converts to
Registered Shares
156.02K shares
Shares
+156.02K
Strike price
0
Held after
156.02K
Exercisable
—
2/9/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Units Direct | Registered Shares156.02K shares | 2/9/2023 | A · Award | +156.02K | 0 | — | 156.02K |