Form 4 for VAL Valaris Ltd
Accepted 2022-08-04 00:00:00 ET · period of report 2022-08-03 · accession 0000314808-22-000107 · 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 | 2022-08-04 | 2022-08-03 | VAL | Weber Christopher T | SVP - CFO | A - Grant | $0.00 | +15.2K | 15.2K | New | $0 |
| D | 2022-08-04 | 2022-08-03 | VAL | Weber Christopher T | SVP - CFO | A - Grant | $0.00 | +64.0K | 64.0K | 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 | Restricted Share Units | 2022-08-03 | A | A | 15,240 | $0.00 | 15,240 | D | — | — | (F1) Consists of a one-time grant of 15,240 restricted stock units, which will vest in two equal installments on each of July 19, 2023 and July 19, 2024, with settlement of all vested restricted stock units generally deferred until July 19, 2024. |
| 2 | Derivative | Performance Share Units | 2022-08-03 | A | A | 64,002 | $0.00 | 64,002 | D | — · — to — | 64,002 Common Shares | (F2) Consists of a one-time grant of up to 64,002 share price based performance share units, of which 21,334 will vest upon the Company's achievement of a $45 closing share price, 21,334 will vest upon the Company's achievement of a $55 closing share price, and 21,334 will vest upon the Company's achievement of a $75 closing share price, in each case held for at least 90 consecutive trading days. |