Seadrill Ltd — Major Shareholding Notification 2021

Aug 11, 2021

SC 13G 1 tm2124850d1_sc13g.htm SC 13G

Field: Rule-Page

Field: /Rule-Page

UNITED STATES

SECURITIES AND EX C HANGE COMMI S SION

Wa s hingt o n , D. C . 2 054 9

SCHEDULE 13G

Under the Se c ur i ties E x change Act o f 1 934

Seadrill Limited

(Name of Issue r )

C o mmon Sh a res , par value $0 . 01 p e r s h a r e

(Title of Class of Securities)

G7998G106

(CUSIP Number)

July 14 , 2021

(Date of Event which Requires Fi ling of this Statement)

Check the approp r iate box to designate the r ule pursu an t to which this Schedule i s filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)

The remainder of t his cover page shall b e filled out fo r a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment contain i ng information which would alter disclosu r es provided in a prior cover page.

The information required on the remainder of this co v er pa g e shall not be deemed to be "filed" for the p urpose of Section 18 of the Securiti e s Exchange Act of 1934 ("Act") o r otherwise s u bject to the liabilities of that section of th e Act but shall be subject to all othe r provisions of the Act (however, see the Notes) .

Field: Rule-Page

Field: /Rule-Page

Field: Page; Sequence: 1

Field: /Page

1. NA M ES OF RE PO R TING PERSONS

I. R.S. IDEN TI FICATION NOS. OF ABOVE P ERSO N S (EN T ITIES ONLY)

Chalermchai Mahagitsiri

1. CHECK THE APPROPRIATE BOX I F A M E MBER O F A GROUP

(see instructions)

(a) ¨

(b) x

1. SEC USE ONLY

2. C I TIZENSH I P OR PLACE OF ORGANIZATION Thailand

CUSIP No. G7998G106 13G Page 1 of 5

Field: Page; Sequence: 2

Field: /Page

NUMBER OF SHARES BENEFICIAL L Y

OWNED BY EACH R E PORTING PERSON WI T H

1. SOLE VOTING POWER 7,223,615

2. SHARED VOTING POWER 0

3. SOLE DISPOSITIVE POWER 7,223 , 615

4. SHARED DISPOSITIVE POWER 0

5. AGGREGA T E AMOUNT BENEF I CIALLY OWNED BY EACH REPORTING PERSON 7,223,615

6. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)

¨

1. PERCENT OF CLASS REPRES E N TED BY A M OUNT IN ROW (9)

7 . 19%

1. TYPE OF REPOR T ING PERSON (see instructions)

IN

It e m 1.

(a) Name of Issuer

Seadrill Limited (the "Issuer'') .

(b) Address of Issuer's Principal Executive Offices

Par - la-Ville Place , 4th Floor, 14 Par-la-Ville Road , Hamilton H M 08, Bermuda.

Item 2 .

(a) Name of Person Filing

This Sch e dule 13G is being filed by Mr. Chalermchai Mahagitsiri.

(b) Address of the Principal Office or, if none, residence

158/7 Charasmeung Road, Rongmeung, Bangkok 10330 , Thailand

CUSIP No. G7998G106 13G Page 2 of 5

Field: Page; Sequence: 3

Field: /Page

(c) Citizenship

Mr. Mahag i tsiri is a citizen of Thailand.

(d) Title of Class of Securities

Common Shares , par value $0.01 per share ( " Common Shares " ).

(e) CUSIP Number G7998G106

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240 . 13d-2(b) or (c), check whether the person filing is a:

(a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C . 78c).

(c) Insurance company as defined in section 3(a)(19) of the Act (15 U . S.C. 78c) .

(d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U . S . C . 80a - 8 ).

(e) An investment adviser in accordance with §240.13d - 1(b)(1)(ii)(E);

(f) An employee benefit plan or endowment fund in accordance with §240 . 13d - 1(b)(1)(ii)(F);

(g) A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G) ;

(h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S . C. 1813) ;

(i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S . C. 80a-3);

(j) Group, in accordance with §240.13d-1(b)(1)(ii)(J) .

Item 4. Ownership .

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a) Amount beneficially owned: 7 , 223 , 615

(b) Percent of class : 7 . 19%

(c) Number of shares as to which the person has : 7 , 223,615

(i) Sole power to vote or to direct the vote 7,223 , 615.

(ii) Shared power to vote or to direct the vote 0.

CUSIP No. G7998G106 13G Page 3 of 5

Field: Page; Sequence: 4

Field: /Page

(iii) Sole power to dispose or to direct the disposition of 7 ,223,6 15 .

(iv) Shared power to dispose or to direct the disposition of 0.

Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240 . 13d-3(d)(1 ).

Item 5. Ownership of Five Percent or Less of a Class.

Not Applicable.

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not Applicable .

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not Applicable.

Item 8. Identification and Classification of Members of the Group.

Not Applicable.

Item 9. Notice of Dissolution of Group.

Not Applicable .

Item 10. Certification.

By signing below I certify that, to the best of my knowledge and be l ief , the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11 .

CUSIP No. G7998G106 13G Page 4 of 5

Field: Page; Sequence: 5

Field: /Page

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated this 11 th day of August , 2021 .

/s/ Chalermchai Mahagitsiri
Chalermchai Mahagitsiri

CUSIP No. G7998G106 13G Page 5 of 5

Field: Page; Sequence: 6; Options: Last

Field: /Page