Anton Dibowitz - Jul 1, 2021 Form 4 Insider Report for Valaris Ltd (VAL)

Role
Director
Signature
/s/ Davor Vukadin, by power-of-attorney
Stock symbol
VAL
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
4
Date filed
7/6/2021, 05:06 PM
Next filing
Dec 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VAL Common Shares Award $0 +18.4K $0.00 18.4K Jul 1, 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 12,930 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 5,504 restricted stock units, representing the recipient's 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.