James W. Swent III - Jun 15, 2021 Form 4 Insider Report for Valaris Ltd (VAL)

Role
Director
Signature
/s/ Davor S. Vukadin, by Power of Attorney
Stock symbol
VAL
Transactions as of
Jun 15, 2021
Transactions value $
$0
Form type
4
Date filed
6/17/2021, 05:08 PM
Previous filing
May 10, 2021
Next filing
Jun 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VAL Common Shares Award $0 +22K $0.00 22K Jun 15, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of a one-time grant of 14,823 restricted stock units awarded in connection with the Company's emergence from chapter 11, which will vest ratably in three installments on each of the first three anniversaries of the date of grant, and 7,200 restricted stock units, representing the recipients annual equity retainer, which will vest in full on the earlier of the first anniversary of the date of grant or the next annual meeting of the Company's shareholders.