SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Mackenzie Roderick James
(Last) (First) (Middle)
1414 ENCLAVE PARKWAY
(Street)
HOUSTON TX 77077
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
11/14/2024 		3. Issuer Name and Ticker or Trading Symbol
Transocean Ltd. [ RIG ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Commercial Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Registered Shares 330,857 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (1) 02/11/2026 Registered Shares 12,478 $0 D
Stock Options (1) 02/10/2027 Registered Shares 19,586 $0 D
Stock Options (1) 02/08/2028 Registered Shares 26,433 $0 D
Stock Options (1) 02/07/2029 Registered Shares 53,086 $0 D
Restricted Units (2) (2) Registered Shares 69,545 $0 D
Restricted Units (3) (3) Registered Shares 69,848 $0 D
Restricted Units (4) (4) Registered Shares 151,990 $0 D
Explanation of Responses:
1. Non-Qualified Stock Options fully vested and exercisable.
2. The Restricted Units were acquired on February 10, 2022, by the reporting person pursuant to the Issuer's long-term incentive plan. The restricted share units vest on March 1, 2025.
3. The Restricted Units were acquired on February 9, 2023, by the reporting person pursuant to the Issuer's long-term incentive plan. The restricted share units vest as follows: 34,924 on March 1, 2025; and 34,924 on March 1, 2026.
4. The Restricted Units were acquired on February 8, 2024, by the reporting person pursuant to the Issuer's long-term incentive plan. The restricted share units vest as follows: 50,663 on March 1, 2025; 50,663 on March 1, 2026; and 50,664 on March 1, 2027.
/s/ Daniel Ro-Trock by Power of Attorney 11/20/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.