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: 2/12/2024ACC: 0001415889-24-003402
Officer· EVP, CAO & CIO
Since Aug 2018
+543.84K
Net shares
Net buyer
$1.06M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
752.85K acquired · 209K disposed
Non-Derivative Transactions2
Registered Shares
Direct
Shares
+554.80K
Price / share
—
Trade value
—
% of position
60.0%
2/8/2024
924.61K→1.48M
Registered Shares
Direct
Shares
−209K
Price / share
$5.08
Trade value
$1.06M
% of position
14.1%
2/9/2024
1.48M→1.27M
Total
Net shares
+345.80K
Net value
-$1.06M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Registered Shares Direct | 2/8/2024 | M · Option Exercise | +554.80K | — | — | 60.0% | 924.61K | 1.48M |
| Registered Shares Direct | 2/9/2024 | F · Tax Withholding | −209K | $5.08 | $1.06M | 14.1% | 1.48M | 1.27M |
| Total | +345.80K | -$1.06M | ||||||
Derivative Transactions1
Restricted Units
Direct
Converts to
Registered Shares
198.05K shares
Shares
+198.05K
Strike price
0
Held after
198.05K
Exercisable
—
2/8/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Units Direct | Registered Shares198.05K shares | 2/8/2024 | A · Award | +198.05K | 0 | — | 198.05K |