X0303 4 2009-02-12 0001451505 Transocean Ltd. RIG 0001318104 Newman Steven L BUILDING F, 7TH FLOOR CHEMIN DE BLANDONNET 2 VERNIER V8 1214 SWITZERLAND 0 1 0 0 President and COO Ordinary Shares 2009-02-12 4 F 0 514 D 29769 D Ordinary Shares 474 I By Issuer Employee Stock Purchase Plan Stock Options 60.19 2009-02-12 4 A 0 56000 0 A 2010-02-12 2019-02-11 Ordinary Shares 56000 56000 D Shares automatically withheld upon vesting to satisfy tax withholding obligations. On December 19, 2008, Transocean Ltd., a Swiss corporation, became the successor of Transocean Inc., a Cayman Islands company, pursuant to a merger by way of schemes of arrangement under Cayman Islands law (the "Transaction") in which each holder of Transocean Inc. ordinary shares outstanding immediately prior to the Transaction received one registered share of Transocean Ltd. in exchange for each outstanding ordinary share of Transocean Inc. The Transaction had the effect of changing the place of incorporation of Transocean's group holding company from the Cayman Islands to Switzerland but did not alter the proportionate interests of security holders. Shares owned under the issuer's Employee Stock Purchase Plan. Reflects 172 shares acquired under the issuer's Employee Stock Purchase Plan since the reporting person's last ownership report. On February 12, 2009, the reporting person was awarded 56,000 stock options which vest as follows: 18,666 on February 12, 2010; 18,667 on February 12, 2011; and 18,667 on February 12, 2012. Chipman Earle by Power of Attorney 2009-02-17