Anton Dibowitz - 08 Dec 2021 Form 4 Insider Report for Valaris Ltd (VAL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
10 Dec 2021, 15:11:20 UTC
Prior SEC filing
06 Jul 2021
Next SEC filing
10 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Davor Vukadin, by power-of-attorney

Key filing fact

Anton Dibowitz filed Form 4 for Valaris Ltd (VAL) on 10 Dec 2021.

Key facts

  • This page summarizes Anton Dibowitz's Form 4 filing for Valaris Ltd (VAL).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 10 Dec 2021, 15:11.

Change

  • Previous filing in this sequence was filed on 06 Jul 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VAL transaction

Common Shares

Award

Transaction value
$0
Shares
+103,304
Change %
+560%
Price
$0.000000
Shares after
121,738
Date
08 Dec 2021
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VAL transaction Derivative

Performance Share Units

Award

Transaction value
$0
Shares
+511,299
Change %
Price
$0.000000
Shares after
511,299
Date
08 Dec 2021
Ownership
Direct
Underlying class
Common Shares
Underlying amount
511,299
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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.

Footnote 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.

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