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Valaris Ltd — Director's Dealing 2013
Jun 5, 2013
31267_dirs_2013-06-05_78d3fc43-18b8-4add-ba76-597930e2d95a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ensco plc (ESV)
CIK: 0000314808
Period of Report: 2013-06-03
Reporting Person: BROWN DAVID A B (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-06-03 | Class A Ordinary Shares | M | 3147 | — | Acquired | 10254 | Direct |
| 2013-06-03 | Class A Ordinary Shares | F | 325 | $60.17 | Disposed | 9929 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-06-03 | Restricted Share Units | $ | M | 1735 | Disposed | Class A Ordinary Shares (1735.0) | Direct | |
| 2013-06-03 | Restricted Share Units | $ | M | 1412 | Disposed | Class A Ordinary Shares (1412.0) | Direct | |
| 2013-06-03 | Restricted Share Units | $ | A | 4134 | Acquired | Class A Ordinary Shares (4134.0) | Direct |
Footnotes
F1: Upon the vesting of our restricted share units, the reporting person is required to pay the aggregate nominal value (par value), $0.10 per share, of our Class A ordinary shares actually issued, in accordance with U.K. corporate law. In connection with the transaction reported above, the reporting person paid $155.60 to Ensco plc with respect to the shares actually issued upon vesting of the restricted share units. The remaining 179 shares were withheld and not issued to satisfy certain tax withholding obligations.
F2: Upon the vesting of our restricted share units, the reporting person is required to pay the aggregate nominal value (par value), $0.10 per share, of our Class A ordinary shares actually issued, in accordance with U.K. corporate law. In connection with the transaction reported above, the reporting person paid $126.60 to Ensco plc with respect to the shares actually issued upon vesting of the restricted share units. The remaining 146 shares were withheld and not issued to satisfy certain tax withholding obligations.
F3: These shares were withheld to satisfy tax withholding obligations that arose upon vesting.
F4: The restricted share units vest in three equal annual installments.
F5: Upon the vesting of our restricted share units, the reporting person is required to pay the aggregate nominal value (par value), $0.10 per share, of our Class A ordinary shares actually issued, in accordance with U.K. corporate law.
F6: The restricted shares units vest in three equal annual installments.