SEC Form 4 · accession 0000314808-18-000142
Valaris Ltd · VAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tommy Darby
Officer — Controller
Period of report
Nov 1, 2018
Accepted (ET)
Nov 5, 2018 · 4:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000314808
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1,F2 | — | Nov 1, 2018 | A | 2,125 | A | — | — | Class A Ordinary Shares | 2,125 | 2,125 | I |
Explanation of responses
- F1The Restricted Share Units vest in five equal annual installments beginning on the first anniversary of the grant date.
- F2On November 1, 2018, an immediate family member of the reporting person was granted 2,125 restricted share units, vesting in five equal annual installments beginning on the first anniversary of the grant date.