4//SEC Filing
McGuinty Michael 4
Accession 0000314808-20-000043
CIK 0000314808other
Filed
Mar 8, 8:00 PM ET
Accepted
Mar 9, 5:31 PM ET
Size
18.2 KB
Accession
0000314808-20-000043
Insider Transaction Report
Form 4
Valaris plcVAL
McGuinty Michael
SVP-General Counsel/Secretary
Transactions
- Exercise/Conversion
Class A Ordinary Shares
2020-03-05+10,706→ 44,146 total - Exercise/Conversion
Class A Ordinary Shares
2020-03-06+5,192→ 44,306 total - Exercise/Conversion
Class A Ordinary Shares
2020-03-06+11,849→ 56,155 total - Exercise/Conversion
Restricted Share Units
2020-03-06−5,192→ 0 total→ Class A Ordinary Shares (5,192 underlying) - Tax Payment
Class A Ordinary Shares
2020-03-06$2.32/sh−8,011$18,586→ 48,144 total - Exercise/Conversion
Restricted Share Units
2020-03-06−11,849→ 23,696 total→ Class A Ordinary Shares (11,849 underlying) - Tax Payment
Class A Ordinary Shares
2020-03-05$2.96/sh−5,032$14,895→ 39,114 total - Exercise/Conversion
Restricted Share Units
2020-03-05−10,706→ 10,707 total→ Class A Ordinary Shares (10,706 underlying)
Footnotes (5)
- [F1]On April 11, 2019, the Company effected a 1-for-4 reverse stock split. All share counts on this Form 4 are represented on a post-split basis.
- [F2]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.
- [F3]On March 5, 2018, the reporting person was granted 128,481 restricted share units, vesting in three equal annual installments beginning on the first anniversary of the grant date. Each restricted share unit represents the economic equivalent of one Valaris Class A ordinary share. On April 11, 2019, Valaris effected a 1-for-4 reverse stock split. All share counts on this Form 4 are represented on a post-split basis.
- [F4]On March 6, 2017, the reporting person was granted 62,307 restricted share units, vesting in three equal annual installments beginning on the first anniversary of the grant date. Each restricted share unit represents the economic equivalent of one Valaris Class A ordinary share. On April 11, 2019, Valaris effected a 1-for-4 reverse stock split. All share counts on this Form 4 are represented on a post-split basis.
- [F5]On March 6, 2019, the reporting person was granted 142,182 restricted share units, vesting in three equal annual installments beginning on the first anniversary of the grant date. Each restricted share unit represents the economic equivalent of one Valaris Class A ordinary share. On April 11, 2019, Valaris effected a 1-for-4 reverse stock split. All share counts on this Form 4 are represented on a post-split basis.
Documents
Issuer
Valaris plc
CIK 0000314808
Entity typeother
Related Parties
1- filerCIK 0001666008
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 8:00 PM ET
- Accepted
- Mar 9, 5:31 PM ET
- Size
- 18.2 KB