Company: RIG
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001451505-25-000029
Chunk: 116

Company: Transocean Ltd.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 116
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 ​ |  VESTING(1) |
| NAME                  | ​ | -#               | ​ | -$          | ​ |              -# | ​ |          -$ |
| Jeremy D. Thigpen     |   | —                |   | —           |   |       2,876,545 |   |  14,912,563 |
| R. Thaddeus Vayda     |   | —                |   | —           |   |         206,645 |   |   1,070,789 |
| Keelan I. Adamson     |   | —                |   | —           |   |         899,565 |   |   4,660,974 |
| Brady K. Long         |   | —                |   | —           |   |         770,587 |   |   3,994,541 |
| Roderick J. Mackenzie | ​ | —                | ​ | —           | ​ |         395,507 | ​ |   2,047,451 |
| Mark L. Mey           | ​ | —                | ​ | —           | ​ |       1,022,532 | ​ |   5,302,230 |
| Howard E. Davis       |   | —                |   | —           |   |         979,233 |   |   5,177,465 |

| (1) | Value realized on vesting is calculated by multiplying the closing price of our shares on the NYSE on the date of release by the number of gross shares that were released on such date, including any shares subsequently withheld in satisfaction of requisite tax withholding. |

We do not (i) grant, and have not granted, stock options in anticipation of the release of material nonpublic information, (ii) time, and have not timed, the release of material nonpublic information based on stock option grant datesor for the purpose of affecting the value of executive compensationand (iii) take, and have not taken, material nonpublic informationinto account when determining the timingand terms of stock options.

Transocean 2025 P-117 Proxy Statement

|                        | ​ |
| EXECUTIVE COMPENSATION | ​ |

Pension Benefits for 2024 We maintain the following pension plans for executive officers and other employees that provide for post-retirement income based on age and years of service:

| ​ | ​                                    |
| ■ | Transocean Savings