UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 9, 2015
TRANSOCEAN PARTNERS LLC
(Exact name of registrant as specified in its charter)
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| Republic of the Marshall Islands | | 001-36584 | | 66-0818288 |
(State or other jurisdiction of incorporation or organization) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
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Deepwater House Kingswells Causeway Prime Four Business Park Aberdeen Scotland United Kingdom | | AB15 8PU |
| (Address of principal executive offices) | | (zip code) |
Registrant’s telephone number, including area code: +44 1224 945 100
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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| Item 5.02. | Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On February 9, 2015, the Compensation Committee (the “Committee”) of the Board of Directors of Transocean Partners LLC (the “Company”) approved the Transocean Partners LLC Annual Incentive Plan (the “Plan”). Pursuant to the Plan, executives and other key employees of the Company selected by the Committee, including our principal executive officer and principal financial officer, will have an opportunity to earn annual cash incentive awards based on such terms, conditions and methods as the Committee shall determine.
A copy of the Plan is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference. The foregoing description is qualified in its entirety by reference to such exhibit.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
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| Exhibit No. | | Description |
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| 10.1 |
| | Transocean Partners LLC Annual Incentive Plan |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | TRANSOCEAN PARTNERS LLC |
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| Date: February 13, 2015 | By | /s/ Raoul F. Dias |
| | | Raoul F. Dias |
| | | Authorized Person |
Index to Exhibits
Exhibit
Number Description
10.1 Transocean Partners LLC Annual Incentive Plan
