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Transocean Proxy Statement and 2010 Annual Report

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TRANSOCEAN LTD.<br />

NOTES TO STATUTORY FINANCIAL STATEMENTS - Continued<br />

Note 9—Share Ownership – Board of Directors <strong>and</strong> Executive Management<br />

As of December 31, <strong>2010</strong> <strong>and</strong> 2009, the members of the Board of Directors held the following numbers of shares:<br />

<strong>2010</strong> 2009<br />

Vested <strong>and</strong><br />

Vested <strong>and</strong><br />

unvested<br />

unvested<br />

deferred units<br />

deferred units<br />

<strong>and</strong> restricted Options <strong>and</strong> <strong>and</strong> restricted Options <strong>and</strong><br />

Name<br />

shares (a)<br />

SARs<br />

shares (a)<br />

S ARs<br />

Robert E. Rose 14,550<br />

17,828<br />

11,085<br />

17,828<br />

W. Richard Anderson 10,876<br />

6,368<br />

7,173<br />

6,368<br />

Thomas W. Cason 19,008<br />

28,855<br />

14,035<br />

30,125<br />

Richard L. George 17,164<br />

11,460<br />

13,461<br />

11,460<br />

Victor E. Grijalva 52,131<br />

5,635<br />

48,428<br />

5,635<br />

Martin B. McNamara 33,155<br />

16,905<br />

28,505<br />

20,661<br />

Edward R. Muller 15,522<br />

13,370<br />

11,819<br />

16,757<br />

Robert M. Sprague 15,151<br />

-<br />

11,448<br />

-<br />

Ian C. Strachan 18,951<br />

11,270<br />

15,248<br />

11,270<br />

J. Michael Talbert 15,937<br />

-<br />

12,234<br />

-<br />

Steven L. Newman (appointed May 14, <strong>2010</strong>) 79,142 181,899<br />

68,727 118,224<br />

Robert L. Long (retired February 28, <strong>2010</strong>) (b) -<br />

-<br />

264,624 328,498<br />

John L. Whitmire (resigned June 30, <strong>2010</strong>) (b) -<br />

-<br />

13,197<br />

19,937<br />

Total 291,587<br />

293,590<br />

519,984<br />

586,763<br />

(a) Includes privately held shares, U.S. retirement savings plan shares, <strong>and</strong> shares subject to deferred compensation.<br />

(b) Mr. Long <strong>and</strong> Mr. Whitmire are no longer directors of the Company as of December 31, <strong>2010</strong> <strong>and</strong> therefore we do not disclose the<br />

number of shares they may own.<br />

As of December 31, <strong>2010</strong> <strong>and</strong> 2009, the executives officers of the Company held the following number of shares <strong>and</strong> the conditional rights<br />

to receive shares under the LTIP plan:<br />

As of December 31, <strong>2010</strong><br />

Number of<br />

granted shares<br />

vesting in 2011<br />

(b)<br />

SR-15<br />

Number of<br />

granted shares<br />

vesting in 2012<br />

(b)<br />

Number of<br />

granted shares<br />

vesting in 2013<br />

(b) Total<br />

Name<br />

Total number of<br />

shares held (a)<br />

Steven L. Newman 19,374 28,862 30,906 - 79,142<br />

Arnaud Bobillier 22,746 17,945 11,722 3,138 55,551<br />

Ihab Toma 986 4,548 11,416 3,138 20,088<br />

Eric B. Brown 8,815 18,916 11,256 2,671 41,658<br />

Ricardo H. Rosa 12,216 16,030 12,768 4,183 45,197<br />

John H. Briscoe 2,764 8,553 6,480 3,619 21,416<br />

Robert L. Long (c) - 75,029 - - 75,029<br />

Cheryl D. Richard (c) - 5,327 670 - 5,997<br />

Total 66,901 175,210 85,218 16,749 344,078<br />

(a) Shares held include privately held shares, U.S. retirement savings plan shares <strong>and</strong> employee stock purchase plan shares.<br />

(b) The number of shares includes the vesting of time-based restricted share units (RSUs) <strong>and</strong> performance based contingent deferred<br />

units (CDUs). These totals include 148,577 <strong>and</strong> 66,391 in 2011 <strong>and</strong> 2012 for shares vesting from 2009 <strong>and</strong> <strong>2010</strong> CDUs, respectively.<br />

In 2013 all shares to vest are annual traunches of time-based awards.<br />

(c) Mr. Long <strong>and</strong> Ms. Richards are no longer employees of the Company as of December 31, <strong>2010</strong> <strong>and</strong> therefore we do not disclose the<br />

number of shares they may own.

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