SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Turcotte William E

(Last) (First) (Middle)
DORFSTRASSE 19A

(Street)
6340 BAAR, SWITZERLAND

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Noble Corp / Switzerland [ NE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. V.P. & General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
02/03/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Shares(1) 02/03/2012 D 15,553 D $0 33,643 D
Shares 02/03/2012 F 1,174 D $36.815 32,469 D
Shares 02/04/2012 A 4,596 A $0 37,065 D
Shares 02/04/2012 F 1,216 D $36.815 35,849 D
Shares 02/06/2012 A 3,379 A $0 39,228 D
Shares 02/06/2012 F 894 D $37.315 38,334 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options $36.815 02/03/2012 A 19,349 (2) 02/03/2022 Shares 19,349 $0 19,349 D
Restricted Stock Units $0(3) 02/03/2012 A 14,125 (4) (4) Shares 14,125 $0 14,125 D
Performance Vested Restricted Stock Units $0(5) 02/03/2012 A 29,654 (5) (5) Shares 29,654 $0 29,654 D
Restricted Stock Units $0(3) 02/04/2012 D 4,596 (4) (4) Shares 4,596 $0 9,193 D
Restricted Stock Units $0(3) 02/06/2012 D 3,379 (4) (4) Shares 3,379 $0 3,379 D
Explanation of Responses:
1. Forfeiture of performance based restricted shares from award date February 25, 2009
2. Represents option to purchase 19,349 shares at $36.815 with a vesting schedule of 6,449 shares on February 3, 2013; 6,450 shares on February 3, 2014; and 6,450 shares on February 3, 2015
3. Each restricted stock unit represents a contingent right to receive one share
4. The restricted stock units vest and settle in three equal annual installments beginning on the first anniversay of the grant date
5. Each Performance Vested Restricted Stock Unit represents a contingent right to receive one share. Performance Vested Restricted Stock Units vest upon the company achieving a total shareholder return over a three-year performance cycle (2012-2014) relative to a specified peer group
/s/ Julie J. Robertson By Power of Attorney dated August 1, 2011 02/07/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.