Transocean Ltd. — Director's Dealing 2010

Feb 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Transocean Ltd. (RIG)
CIK: 0001451505
Period of Report: 2010-02-12

Reporting Person: RICHARD C D (Sr. VP, HR and IT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-12	Registered Shares	F	340	—	Disposed	2655	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Registered Shares	0	Indirect

Footnotes

F1: Shares automatically withheld upon vesting to satisfy tax withholding obligations.

F2: The option to invest in Issuer shares was eliminated in the 401(k) Plan and, as a result, the reporting person's holdings of Issuer shares through the 401(k) Plan were reallocated to another investment option.