SEC Form 4/A · accession 0000314808-16-000367
Valaris Ltd · VAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Robert W Edwards III
Officer — Vice President - Finance
Period of report
Jun 1, 2016
Accepted (ET)
Jun 8, 2016 · 4:53 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000314808
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Ordinary SharesF1,F2,F3 | Jun 1, 2016 | F | 601 | $9.65 | D | 30,671 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 3, 2016, the reporting person filed a Form 4 reporting that 599 Class A ordinary shares were withheld to satisfy tax withholding obligations that arose upon vesting. Due to administrative error, this number was incorrectly reported. The correct number of shares withheld to satisfy tax withholding obligations is 601.
- F2The reporting person previously reported the amount of securities beneficially owned as 31,431 shares in error, with the correct amount of securities beneficially owned being 31,272. The amount of securities beneficially owned by the reporting person has been adjusted by 159 shares to reflect the correct amount.
- F3Represents the correct amount of securities beneficially owned following all of the reporting person's transactions that occurred on June 1, 2016.