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Valaris Ltd — Director's Dealing 2022
Jul 21, 2022
31267_dirs_2022-07-21_32416395-9793-4901-9440-0ac334eafabd.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Valaris Ltd (VAL)
CIK: 0000314808
Period of Report: 2022-07-19
Reporting Person: Dibowitz Anton (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-07-19 | Common Shares | F | 1143 | $42.66 | Disposed | 118204 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-07-19 | Performance Share Units | $ | A | 16557 | Acquired | Common Shares (16557.0) | Direct |
Footnotes
F1: 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.
F2: Consists of 16,557 performance share units for which the applicable performance criteria were determined to be satisfied on July 19th that remain subject to service based vesting conditions through the date following June 30, 2024 that the Company certifies the final number of earned performance share units under this award.