SEC Form 4 · accession 0000314808-18-000126
Valaris Ltd · VAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tommy Darby
Officer — Controller
Period of report
Oct 1, 2018
Accepted (ET)
Oct 3, 2018 · 4:46 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 | Oct 1, 2018 | F | 99 | $8.50 | D | 12,365 | D | |
| Class A Ordinary SharesF1 | Oct 1, 2018 | F | 939 | $8.50 | D | 16,266 | I | Represents shares held by an immediate family member |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These 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.