Home/Filings/4/0000314808-20-000107
4//SEC Filing

Grable Colleen 4

Accession 0000314808-20-000107

CIK 0000314808other

Filed

Jun 2, 8:00 PM ET

Accepted

Jun 3, 5:09 PM ET

Size

26.1 KB

Accession

0000314808-20-000107

Insider Transaction Report

Form 4
Period: 2020-06-01
Grable Colleen
Controller
Transactions
  • Exercise/Conversion

    Class A Ordinary Shares

    2020-06-01+6082,176 total
  • Exercise/Conversion

    Class A Ordinary Shares

    2020-06-01+4151,983 total
  • Disposition to Issuer

    Restricted Share Units

    2020-06-015280 total
    Class A Ordinary Shares (528 underlying)
  • Disposition to Issuer

    Class A Ordinary Shares

    2020-06-01$0.32/sh633$2031,568 total
  • Disposition to Issuer

    Restricted Share Units

    2020-06-01415415 total
    Class A Ordinary Shares (415 underlying)
  • Exercise/Conversion

    Class A Ordinary Shares

    2020-06-01+6332,201 total
  • Tax Payment

    Class A Ordinary Shares

    2020-06-01$0.32/sh149$482,027 total
  • Disposition to Issuer

    Class A Ordinary Shares

    2020-06-01$0.32/sh415$1331,568 total
  • Disposition to Issuer

    Class A Ordinary Shares

    2020-06-01$0.32/sh528$1691,568 total
  • Tax Payment

    Class A Ordinary Shares

    2020-06-01$0.32/sh42$131,985 total
  • Disposition to Issuer

    Restricted Share Units

    2020-06-016331,266 total
    Class A Ordinary Shares (633 underlying)
  • Exercise/Conversion

    Class A Ordinary Shares

    2020-06-01+5282,096 total
  • Disposition to Issuer

    Restricted Share Units

    2020-06-016081,824 total
    Class A Ordinary Shares (608 underlying)
Holdings
  • Class A Ordinary Shares

    (indirect: Represents shares held by an immediate family member)
    534
Footnotes (5)
  • [F1]On June 1, 2016, the reporting person was granted 2,075 restricted share units, vesting in five equal annual installments beginning on the first anniversary of the grant date. Each restricted share unit represents the economic equivalent of one Class A ordinary share of Valaris plc ("Valaris") and is settled in cash upon vesting.
  • [F2]On June 1, 2017, the reporting person was granted 1,584 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 Class A ordinary share of Valaris and is settled in cash upon vesting.
  • [F3]On June 1, 2017, the reporting person was granted 3,165 restricted share units, vesting in five equal annual installments beginning on the first anniversary of the grant date. Each restricted share unit represents the economic equivalent of one Class A ordinary share of Valaris and is settled in cash upon vesting.
  • [F4]On June 1, 2018, the reporting person was granted 3,040 restricted share units, vesting in five equal annual installments beginning on the first anniversary of the grant date. Each restricted share unit representsthe economic equivalent of one Class A ordinary share of Valaris and is settled in shares upon vesting.
  • [F5]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.

Issuer

Valaris plc

CIK 0000314808

Entity typeother

Related Parties

1
  • filerCIK 0001812403

Filing Metadata

Form type
4
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 5:09 PM ET
Size
26.1 KB