Transocean Proxy Statement and 2010 Annual Report

As of December 31, 2009
Name
TRANSOCEAN LTD.
NOTES TO STATUTORY FINANCIAL STATEMENTS - Continued
Contingent
deferred units in
shares - 2009 (a)
Steven L. Newman 27,149
Arnaud Bobillier 14,808
Ihab Toma (d) 4,233
Eric B. Brown 14,808
Ricardo H. Rosa 11,847
John H. Briscoe 4,936
Robert L. Long 75,029
Cheryl D. Richard 11,847
Gregory L. Cauthen (e) 3,754
Robert J. Saltiel (f) -
Total 168,411
Fair value - 2009
Total fair value of
contingent
Option Fair value - 2009 share-based awards
deferred units (b) shares - 2009 (c) options (b) granted in 2009
(CHF) (CHF) (CHF)
2,239,623
56,000 1,583,255
3,822,878
1,221,568
30,545 863,581
2,085,149
333,249
7,277 226,280
559,529
1,221,568
30,545 863,581
2,085,149
977,304
24,436 690,864
1,668,168
407,189
10,182 287,869
695,058
6,189,424 154,763 4,375,523
10,564,947
977,304
24,436 690,864
1,668,168
309,682
-
-
309,682
-
-
-
-
13,876,911
338,184 9,581,817
23,458,728
(a) The number of contingent deferred units granted to the executives under the LTIP on February 12 and August 17, 2009. The
February 12, 2009 contingent deferred units award is based upon the achievement of the performance standard over the three-year
period ending on December 31, 2011. The actual number of deferred units received will be determined in the first sixty days of 2012
and it is contingent on our performance in Total Shareholder Return relative to a sub-group of our peer group. The above table
reflects target number of shares to be received and actual shares will be determined based on performance thresholds. The August
17 contingent deferred units were granted to Mr. Toma (see (d) for further details).
(b) The fair value was calculated using share price on date of grant for restricted shares or deferred units and option pricing models for
option grants.
(c) The number of options granted to the executives under the LTIP on February 12 and August 17, 2009. The options vest in one-third
increments over a three-year period on the anniversary of the date of grant. The August 17 options were granted to Mr. Toma (see (d)
for further details).
(d) The contingent deferred unit award and options were granted to Mr. Toma at time of employment with Transocean on August 17,
2009.
(e) 19,745 shares were granted to Mr. Cauthen on February 12, 2009. 15,991 shares were forfeited according to the terms of the award
document.
(f) 14,808 shares were granted to Mr. Saltiel in 2009. He left the company voluntarily prior to vesting of any shares and the shares were
forfeited at the time of termination of employment.
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