Transocean Ltd. — Director's Dealing 2010

Feb 22, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Transocean Ltd. (RIG)
CIK: 0001451505
Period of Report: 2010-02-18

Reporting Person: ROSA RICARDO H. (Sr Vice President & CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-18	Stock Options	$83.32	A	17688	Acquired	2020-02-17	Registered Shares (17688)	Direct

Footnotes

F1: On February 18, 2010, the reporting person was awarded 17,688 stock options which vest as follows: 5,896 on February 18, 2011; 5,896 on February 18, 2012; and 5,896 on February 18, 2013.