Valaris Ltd — Director's Dealing 2017

Jun 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ensco plc (ESV)
CIK: 0000314808
Period of Report: 2017-06-01

Reporting Person: HADDOCK GERALD W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-01	Class A Ordinary Shares	M	3562	—	Acquired	39916	Direct
2017-06-01	Class A Ordinary Shares	M	6909	—	Acquired	46825	Direct
2017-06-02	Class A Ordinary Shares	M	1587	—	Acquired	48412	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-01	Restricted Share Units	$	A	31647	Acquired		Class A Ordinary Shares (31647.0)	Direct
2017-06-01	Restricted Share Units	$	M	3562	Disposed		Class A Ordinary Shares (3562.0)	Direct
2017-06-01	Restricted Share Units	$	M	6909	Disposed		Class A Ordinary Shares (6909.0)	Direct
2017-06-02	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 $690.90 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. 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.

F4: 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.

F5: The restricted share units vest in three equal annual installments.

F6: 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.

F7: On June 1, 2016, the reporting person was granted 20,727 restricted share units, vesting in three equal annual installments beginning on the first anniversary of the grant date.

F8: 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.