Edgar Filing: Adamson Keelan

Ownership Submission

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Adamson Keelan

2. Date of Event Requiring Statement (Month/Day/Year)
08/10/2018

3. Issuer Name and Ticker or Trading Symbol
Transocean Ltd. [RIG]

(Last)

(First)

(Middle)

4 GREENWAY PLAZA

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Executive Vice President & COO

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

HOUSTON,Â TXÂ 77046

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

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	85,898	D	Â
Registered Shares	8,621 ⁽¹⁾	D	Â
Registered Shares	16,137 ⁽²⁾	D	Â
Registered Shares	31,279 ⁽³⁾	D	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Options	Â ⁽⁴⁾	02/10/2026	Registered Shares	14,706	$ ⁽⁴⁾	D	Â
Stock Options	Â ⁽⁵⁾	02/09/2027	Registered Shares	31,105	$ ⁽⁵⁾	D	Â
Stock Options	Â ⁽⁶⁾	02/07/2028	Registered Shares	62,970	$ ⁽⁶⁾	D	Â
Stock Options	Â ⁽⁷⁾	02/09/2021	Registered Shares	3,492	$ ⁽⁷⁾	D	Â
Stock Options	Â ⁽⁷⁾	02/16/2022	Registered Shares	8,455	$ ⁽⁷⁾	D	Â
Stock Options	Â ⁽⁷⁾	02/13/2023	Registered Shares	15,767	$ ⁽⁷⁾	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Adamson Keelan 4 GREENWAY PLAZA HOUSTON,Â TXÂ 77046	Â	Â	Â Executive Vice President & COO	Â

Signatures

/s/ Daniel Ro-Trock by Power of Attorney		08/17/2018
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Restricted Share Units, which are 1-for-1 share equivalents, acquired on February 11, 2016, pursuant to the Issuer's long-term incentive plan and vests as follows: 8,621 on March 1, 2019.
(2)	Restricted Share Units, which are 1-for-1 share equivalents, acquired on February 10, 2017, pursuant to the Issuer's long-term incentive plan and vests as follows: 8,068 on March 1, 2019 and 8,069 on March 1, 2020.
(3)	Restricted Share Units, which are 1-for-1 share equivalents, acquired on February 8, 2018, pursuant to the Issuer's long-term incentive plan and vests as follows: 10,426 on March 1, 2019; 10,426 on March 1, 2020; and 10,427 on March 1, 2021.
(4)	Non-Qualified Stock Options fully vests on February 11, 2019.
(5)	Non-Qualified Stock Options vests in one-half increments on February 10, 2019 and February 10, 2020.
(6)	Non-Qualified Stock Options vests in one-third increments on February 8, 2019; February 8, 2020; and February 8, 2021.
(7)	Non-Qualified Stock Options vested and fully exercisable.

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