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Valaris Ltd Director's Dealing 2016

Jun 3, 2016

31267_dirs_2016-06-03_323d7dbe-b628-4097-ae97-47afe1604447.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: 2016-06-01

Reporting Person: DECYK ROXANNE J (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-06-01 Class A Ordinary Shares M 3562 Acquired 6370 Direct
2016-06-02 Class A Ordinary Shares M 1587 Acquired 7957 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-06-01 Restricted Share Units $ A 20727 Acquired Class A Ordinary Shares (20727.0) Direct
2016-06-01 Restricted Share Units $ M 3562 Disposed Class A Ordinary Shares (3562.0) Direct
2016-06-02 Restricted Share Units $ M 1587 Disposed Class A Ordinary Shares (1587.0) 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 $356.20 to Ensco plc with respect to the shares actually issued upon vesting of the restricted share units.

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 $158.70 to Ensco plc with respect to the shares actually issued upon vesting of the restricted share units.

F3: 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.

F4: The restricted share units vest in three equal annual installments.

F5: On June 1, 2015, the reporting person was granted 10,686 restricted share units, vesting in three equal annual installments beginning on the first anniversary of the grant date.

F6: On June 2, 2014, the reporting person was granted 4,761 restricted share units, vesting in three equal annual installments beginning on the first anniversary of the grant date.