Valaris Ltd — Director's Dealing 2018

Mar 7, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ensco plc (ESV)
CIK: 0000314808
Period of Report: 2018-03-05

Reporting Person: Brady Steven Joseph (Sr. VP - Eastern Hemisphere)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-05	Class A Ordinary Shares	A	144540	—	Acquired	323233	Direct
2018-03-05	Class A Ordinary Shares	A	13666	—	Acquired	336899	Direct
2018-03-05	Class A Ordinary Shares	F	6471	$5.91	Disposed	330428	Direct
2018-03-06	Class A Ordinary Shares	F	11064	$4.60	Disposed	319364	Direct

Footnotes

F1: On March 5, 2018, the reporting person was granted 144,540 restricted shares, vesting in three equal annual installments beginning on the first anniversary of the grant date.

F2: Shares earned under performance unit awards for 2015-2017 performance period.

F3: These shares were withheld upon vesting to enable the reporting person to satisfy tax withholding obligations that arose upon such vesting, which will be paid by the issuer to the appropriate taxing authority in cash.