4//SEC Filing
OAK HILL ADVISORS LP 4
Accession 0000902664-23-003508
CIK 0000314808other
Filed
Jun 8, 8:00 PM ET
Accepted
Jun 9, 4:15 PM ET
Size
7.5 KB
Accession
0000902664-23-003508
Insider Transaction Report
Form 4
Valaris LtdVAL
OAK HILL ADVISORS LP
10% Owner
Transactions
- Award
Common Shares, $0.01 par value per share ("Common Shares")
2023-06-08+2,926→ 28,017 total(indirect: See footnotes)
Holdings
- 8,966,016(indirect: See footnotes)
Common Shares
Footnotes (4)
- [F1]Consists of a grant of 2,926 restricted stock units to Mr. Joseph Goldschmid ("Mr. Goldschmid"), an employee of Oak Hill Advisors, L.P. ("OHA", or the "Reporting Person") and a member of the board of directors of the Issuer, which represent Mr. Goldschmid's annual equity retainer. These restricted stock units will vest in full on the earlier of the first anniversary of the date of grant or the next annual meeting of the Issuer's shareholders. Mr. Goldschmid has separately reported this grant on his own Form 4 as well.
- [F2]Pursuant to the policies of OHA, the restricted stock units received by Mr. Goldschmid are held for the benefit of certain OHA clients.
- [F3]OHA acts (directly or through an affiliate) as investment adviser to certain funds and client accounts (together, the "Oak Hill Advisory Entities"), with respect to the Common Shares directly held by the Oak Hill Advisory Entities. OHA is a subsidiary business of T. Rowe Price Associates, Inc. ("TRP"). OHA's beneficial ownership does not include any shares that may be beneficially owned by TRP. OHA disclaims beneficial ownership of the Common Shares held by the Oak Hill Advisory Entities beyond its respective pecuniary interest therein, if any, for purposes of Section 16 under the Securities Exchange Act of 1934, as amended.
- [F4]Reflects securities held by the Oak Hill Advisory Entities.
Documents
Issuer
Valaris Ltd
CIK 0000314808
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001164688
Filing Metadata
- Form type
- 4
- Filed
- Jun 8, 8:00 PM ET
- Accepted
- Jun 9, 4:15 PM ET
- Size
- 7.5 KB