Transocean Proxy Statement and 2010 Annual Report

Mr. Newman Mr. Rosa Mr. Brown Mr. Bobillier Mr. Toma
($) ($) ($) ($) ($)
V. Death
Non-Equity Incentive Plan
Compensation(1) 900,000 450,000 304,200 294,000 285,000
U.S. Pension Equalization Plan
Equity Incentive Plan Compensation
under our LTIP
920,843 0 1,352,273 0 0
Vested Stock Options 173,967 75,911 94,887 94,887 0
Unvested Stock Options(2)
Performance-Based Deferred
347,953 151,832 189,792 189,792 0
Units(3) 1,902,481 1,561,650 1,475,493 1,472,851 988,161
Time-Based Deferred Units(2) 119,071 872,281 656,870 654,228 850,385
Supplemental Savings Plan(4) 36,426 4,494 62,971 0 0
Life Insurance Proceeds(5) 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
Total Death Potential Payments 5,400,741 4,116,168 5,136,486 3,705,758 3,123,546
(1) Each Named Executive Officer’s beneficiary would receive the pro rata share of the deceased’s targeted non-equity incentive
plan compensation for 2010. If the Named Executive Officer died on December 31, 2010, then this pro rata share would be
equal to 100% of such Named Executive Officer’s targeted non-equity compensation for 2010.
(2) The unvested portions of the stock options and time-based deferred unit awards vest immediately upon death.
(3) The beneficiary of each Named Executive Officer is entitled to a pro-rata portion of performance-based deferred units upon
such Named Executive Officer’s death.
(4) Each Named Executive Officer would be eligible to receive the same supplemental savings plan payments as contemplated
under the ‘‘I. Involuntary Not-for-Cause Termination’’ scenario described above.
(5) We provide each of our Named Executive Officers with a life insurance benefit equal to four times covered annual earnings,
capped at a maximum of $1,000,000.
Mr. Newman Mr. Rosa Mr. Brown Mr. Bobillier Mr. Toma
($) ($) ($) ($) ($)
VI. Disability
Non-Equity Incentive Plan
Compensation(1) 900,000 450,000 304,200 294,000 285,000
U.S. Pension Equalization Plan
Equity Incentive Plan Compensation
under our LTIP
1,497,623 0 1,760,697 0 0
Vested Stock Options 173,967 75,911 94,887 94,887 0
Unvested Stock Options(2)
Performance-Based Deferred
347,953 151,832 189,792 189,792 0
Units(3) 1,902,481 1,561,650 1,475,493 1,472,851 988,161
Time-Based Deferred Units(2) 119,071 872,281 656,870 654,228 850,385
Supplemental Savings Plan(1) 36,426 4,494 62,971 0 0
Disability Benefits(4) 0 0 0 0 0
Total Disability Potential Payments 4,977,521 3,116,168 4,544,910 2,705,758 2,123,546
(1) Each of the potential non-equity incentive plan compensation and supplemental savings plan payments under this ‘‘VI.
Disability’’ scenario would be the same as contemplated under the ‘‘V. Death’’ scenario described above.
(2) The unvested portions of the stock options and time-based deferred unit awards vest immediately upon disability.
(3) Each Named Executive Officer is entitled to a pro-rata portion of the performance-based deferred units upon disability.
(4) None of our Named Executive Officers is eligible for any disability benefits beyond those benefits that are available generally
to all of our salaried employees. The standard disability benefits that our Named Executive Officers would receive in the event
of their disability are described under ‘‘Compensation Discussion and Analysis—Other Benefits.’’
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