Benjamin Duster - Jan 18, 2023 Form 4 Insider Report for DIAMOND OFFSHORE DRILLING, INC. (DO)

Role
Director
Signature
/s/ Terence W. Waldorf Attorney-in-Fact for Benjamin Duster
Stock symbol
DO
Transactions as of
Jan 18, 2023
Transactions value $
$0
Form type
4
Date filed
1/20/2023, 12:23 PM
Previous filing
Dec 15, 2022
Next filing
May 22, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DO Restricted Stock Units Award $0 +12.3K $0.00 12.3K Jan 18, 2023 Common Stock 12.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock.
F2 The restricted stock units vest and become non-forfeitable on the first anniversary of the grant date. The vested shares of common stock will be delivered to the reporting person following the earliest to occur of (i) the fifth anniversary of the grant date, (ii) the reporting person's separation from service with the issuer and (iii) a change in control (as defined in the award agreement) of the issuer.