Transocean Proxy Statement and 2010 Annual Report

(1) For purposes of calculating the amounts in these columns, the closing price of our shares on the NYSE on December 31, 2010 of
$69.51 was used.
(2) Represents time-vested restricted share retention awards granted on February 12, 2008. The awards vest in one-third increments over
a three-year period on the anniversary of the date of grant.
(3) Represents the February 12, 2009 contingent deferred unit award, which is subject to a three-year performance period ending on
December 31, 2011. The actual number of deferred units received will be determined in the first 60 days of 2012 and is contingent on
our performance in total shareholder return relative to the Performance Peer Group. Any shares earned will vest on December 31,
2011.
(4) Represents the February 18, 2010 contingent deferred unit award, which is subject to a three-year performance period ending on
December 31, 2012. The actual number of deferred units received will be determined in the first 60 days of 2013 and is contingent on
our performance in total shareholder return relative to the Performance Peer Group. Any shares earned will vest on December 31,
2012. For more information regarding our LTIP, including the performance targets used for 2010 and the contingent nature of the
awards granted under our LTIP, please read, ‘‘Compensation Discussion and Analysis—Long-Term Incentive Plan.’’
(5) Represents time-vested deferred unit retention awards granted on November 17, 2010. The awards vest in one-third increments over a
three-year period on the anniversary of the date of grant.
(6) Represents a time-vested deferred unit retention award granted on February 18, 2010. The award vests in one-third increments over a
three-year period on the anniversary of the date of grant.
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