4//SEC Filing
Weitzman Adam 4
Accession 0000899243-20-023629
CIK 0000314808other
Filed
Aug 27, 8:00 PM ET
Accepted
Aug 28, 4:33 PM ET
Size
8.4 KB
Accession
0000899243-20-023629
Insider Transaction Report
Form 4
Valaris plcVAL
Weitzman Adam
Director
Transactions
- Sale
Class A Ordinary Shares
2020-08-27$0.10/sh−6,770,492$677,049→ 14,729,508 total(indirect: See footnote) - Sale
Class A Ordinary Shares
2020-08-26$0.12/sh−3,150,000$378,000→ 21,500,000 total(indirect: See footnote)
Footnotes (4)
- [F1]The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $0.1135-$0.1288, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
- [F2]The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $0.076-$0.100, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
- [F3]The securities are held directly by Luminus Energy Partners Master Fund, Ltd. (the "Master Fund"), for which Luminus Management, LLC serves as the investment manager. Jonathan Barrett is the ultimate beneficial owner of Luminus Management, LLC.
- [F4]The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. The Reporting Persons expressly disclaim beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein.
Documents
Issuer
Valaris plc
CIK 0000314808
Entity typeother
Related Parties
1- filerCIK 0001802511
Filing Metadata
- Form type
- 4
- Filed
- Aug 27, 8:00 PM ET
- Accepted
- Aug 28, 4:33 PM ET
- Size
- 8.4 KB