Form 4 for VAL Valaris Ltd
Accepted 2021-07-21 00:00:00 ET · period of report 2021-07-19 · accession 0000314808-21-000064 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-07-21 | 2021-07-19 | VAL | Luca Gilles | SVP, COO | A - Grant | $0.00 | +41.4K | 41.4K | New | $0 |
| D | 2021-07-21 | 2021-07-19 | VAL | Luca Gilles | SVP, COO | A - Grant | $0.00 | +173.9K | 173.9K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2021-07-19 | A | A | 41,403 | $0.00 | 41,403 | D | — | — | (F1) Consists of a one-time grant of 41,403 restricted stock units, which will vest ratably in three installments on each of the first three anniversaries of the date of grant, with settlement of all vested restricted stockunits generally deferred until the third anniversary of the date of grant. |
| 2 | Derivative | Performance Share Units | 2021-07-19 | A | A | 173,891 | $0.00 | 173,891 | D | — · — to — | 173,891 Common Shares | (F2) Consists of a one-time grant of up to 173,891 share price based performance share units, of which 57,963 will vest upon the Company's achievement of a $45 closing share price, 57,964 will vest upon the Company's achievement of a $55 closing share price, and 57,964 will vest upon the Company's achievement of a $75 closing share price, in each case held for at least 90 consecutive trading days. |