Form 4 for VAL Valaris Ltd
Accepted 2023-03-10 00:00:00 ET · period of report 2023-03-08 · accession 0000902664-23-002237 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2023-03-10 | 2023-03-08+ | VAL | OAK HILL ADVISORS LP | 10% | S - Sale | $71.65 | -277.8K | 8.97M | -3% | -$19.90M |
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, $0.01 par value per share ("Common Shares") | 2023-03-08 | S | D | 258,879 | $71.65 | 8,984,939 | I See footnotes | — | — | (F1) Oak Hill Advisors, L.P. ("OHA", or the "Reporting Person") 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. (F2) Reflects securities held by the Oak Hill Advisory Entities. |
| 2 | Common | Common Shares | 2023-03-09 | S | D | 18,923 | $71.65 | 8,966,016 | I See footnotes | — | — | (F1) Oak Hill Advisors, L.P. ("OHA", or the "Reporting Person") 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. (F2) Reflects securities held by the Oak Hill Advisory Entities. |