Johansen Kristian 4
4 · Valaris Ltd · Filed Jun 16, 2025
Insider Transaction Report
Form 4
Valaris LtdVAL
Johansen Kristian
Director
Transactions
- Exercise/Conversion
Common Shares
2025-06-12+2,464→ 5,634 total - Exercise/Conversion
Restricted Stock Units
2025-06-12−2,464→ 0 total→ Common Shares (2,464 underlying) - Disposition to Issuer
Common Shares
2025-06-12$45.60/sh−986$44,962→ 4,648 total - Award
Restricted Stock Units
2025-06-13+4,860→ 4,860 total→ Common Shares (4,860 underlying)
Footnotes (3)
- [F1]Represents the portion of restricted stock units that were cash settled in accordance with the terms of the reporting person's equity award agreement.
- [F2]Each restricted stock unit represents the right to receive one Valaris common share, the cash value thereof, or a combination of shares and cash, in accordance with the grant agreements and at the election of the reporting person.
- [F3]Each restricted stock unit represents the right to receive one Valaris common share, the cash value thereof, or a combination of shares and cash, in accordance with the grant agreements and at the election of the reporting person. Consists of 4,860 restricted stock units, representing the recipient's annual equity retainer, which will vest in full on the earlier of the first anniversary of the date of grant or the next annual meeting of the Company's shareholders.