Form 4 for VAL Valaris Ltd
Accepted 2021-12-10 00:00:00 ET · period of report 2021-12-08 · accession 0000314808-21-000109 · 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 | 2021-12-10 | 2021-12-08 | VAL | Dibowitz Anton | Pres, CEO, Dir | A - Grant | $0.00 | +103.3K | 121.7K | +560% | $0 |
| D | 2021-12-10 | 2021-12-08 | VAL | Dibowitz Anton | Pres, CEO, Dir | A - Grant | $0.00 | +511.3K | 511.3K | 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 | 2021-12-08 | A | A | 103,304 | $0.00 | 121,738 | D | — | — | (F1) Consists of a one-time grant of 103,304 restricted stock units, which will vest ratably in three installments on each of the first three anniversaries of July 19, 2021, with settlement of all vested restricted stock units generally deferred until the third anniversary of July 19, 2021. |
| 2 | Derivative | Performance Share Units | 2021-12-08 | A | A | 511,299 | $0.00 | 511,299 | D | — · — to — | 511,299 Common Shares | (F2) Consists of a one-time grant of up to 511,299 share price based performance share units, of which 170,433 will vest upon the Company's achievement of a $45 closing share price, 170,433 will vest upon the Company's achievement of a $55 closing share price, and 170,433 will vest upon the Company's achievement of a $75 closing share price, in each case held for at least 90 consecutive trading days. |