Accession Number: | 0000314808-19-000173 |
Date: | 2019-11-01 |
Issuer: | VALARIS PLC (VAL) |
Original Submission Date: |
DARBY TOMMY
5847 SAN FELIPE ST.
SUITE 3300
HOUSTON, TX 77057
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
CLASS A ORDINARY SHARES | 2019-11-01 | M | 106 | a | $0.00 | 4,867 | indirect | ||
CLASS A ORDINARY SHARES | 2019-11-01 | F | 26 | d | $4.55 | 4,841 | indirect | ||
CLASS A ORDINARY SHARES | 2019-11-01 | 0 | $0.00 | 4,208 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED SHARE UNITS | 0.0 | 2019-11-01 | deemed execution date | M | 106 (d) | class a ordinary shares 106 | $0.00 | 425 | indirect | represents restricted share units held by an immediate family member |
ID | footnote |
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f1 | these shares were withheld upon vesting to enable the reporting person to satisfy tax withholding obligations that arose upon such vesting, which will be paid by the issuer to the appropriate taxing authority in cash. |
f2 | on november 1, 2018, an immediate family member of the reporting person was granted 531 restricted share units, vesting in five equal annual installments beginning on the first anniversary of the grant date. each restricted share unit represents the economic equivalent of one class a ordinary share of valaris plc ("valaris"). on april 11, 2019, valaris effected a 1 for 4 reverse stock split. all share counts on this form 4 are represented on a post-split basis. |