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: Knowlton John Stokes (Sr. Vice President - Technical)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-05	Class A Ordinary Shares	A	128481	—	Acquired	270599	Direct
2018-03-05	Class A Ordinary Shares	A	12147	—	Acquired	282746	Direct
2018-03-05	Class A Ordinary Shares	F	3597	$5.91	Disposed	279149	Direct
2018-03-06	Class A Ordinary Shares	F	5841	$4.60	Disposed	273308	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Ordinary Shares	194	Indirect

Footnotes

F1: On March 5, 2018, the reporting person was granted 128,481 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.