Key facts
- This page summarizes Thomas Peter Burke's Form 4 filing for Valaris Ltd (VAL).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 21 Jul 2021, 17:03.
Thomas Peter Burke - 19 Jul 2021 Form 4 Insider Report for Valaris Ltd (VAL)
- Reporting relationship
- President and CEO, Director
- Issuer ticker
- VAL
- Reported as of
- 19 Jul 2021
- Net transaction value
- $0
- Reporting owner signature
- Davor S. Vukadin, by Power of Attorney
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Thomas Peter Burke filed Form 4 for Valaris Ltd (VAL) on 21 Jul 2021.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
VAL
transaction
Common Shares
Award
- Transaction value
- $0
- Shares
- +115,047
- Change %
- Price
- $0.000000
- Shares after
- 115,047
- 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
- +483,194
- Change %
- Price
- $0.000000
- Shares after
- 483,194
- Date
- 19 Jul 2021
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 483,194
- 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 115,047 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 483,194 share price based performance share units, of which 161,064 will vest upon the Company's achievement of a $45 closing share price, 161,065 will vest upon the Company's achievement of a $55 closing share price, and 161,065 will vest upon the Company's achievement of a $75 closing share price, in each case held for at least 90 consecutive trading days