Valaris Ltd — Director's Dealing 2020

Mar 2, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Valaris plc (VAL)
CIK: 0000314808
Period of Report: 2020-02-27

Reporting Person: Baksht Jonathan (Executive Vice President & CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-27	Restricted Share Units	$	A	191049	Acquired		Class A Ordinary Shares (191049.0)	Direct

Footnotes

F1: Each restricted share unit represents the economic equivalent of one Valaris Class A ordinary share. The restricted share units vest in three equal annual installments beginning on the first anniversary of the grant date.

F2: On February 27, 2020, the reporting person was granted 191,049 restricted share units, vesting in three equal annual installments beginning on the first anniversary of the grant date.