Alan Quintero - 19 Jul 2021 Form 4 Insider Report for Valaris Ltd (VAL)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
21 Jul 2021, 17:05:20 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Davor S. Vukadin, by Power of Attorney

Key filing fact

Alan Quintero filed Form 4 for Valaris Ltd (VAL) on 21 Jul 2021.

Key facts

  • This page summarizes Alan Quintero's Form 4 filing for Valaris Ltd (VAL).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 21 Jul 2021, 17:05.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • 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
+29,424
Change %
Price
$0.000000
Shares after
29,424
Date
19 Jul 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
+123,574
Change %
Price
$0.000000
Shares after
123,574
Date
19 Jul 2021
Ownership
Direct
Underlying class
Common Shares
Underlying amount
123,574
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 29,424 restricted stock units, which will vest ratably in three installments on each of the first three anniversaries of the date of grant, with settlement of all vested restricted stock units generally deferred until the third anniversary of the date of grant.

Footnote F2

Consists of a one-time grant of up to 123,574 share price based performance share units, of which 41,191 will vest upon the Company's achievement of a $45 closing share price, 41,191 will vest upon the Company's achievement of a $55 closing share price, and 41,192 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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