Anton Dibowitz - 18 Jul 2023 Form 4 Insider Report for Valaris Ltd (VAL)

Signature
/s/ Andrew Campbell, power-of-attorney
Issuer symbol
VAL
Transactions as of
18 Jul 2023
Net transactions value
$0
Form type
4
Filing time
20 Jul 2023, 16:54:52 UTC
Previous filing
20 Jun 2023
Next filing
21 Jul 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VAL Performance Share Units Award $0 +16,557 $0.000000 16,557 18 Jul 2023 Common Shares 16,557 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 16,557 performance share units for which the applicable performance criteria were determined to be satisfied on July 18th that remain subject to service based vesting conditions through the date following June 30, 2024 that the Company certifies the final number of earned performance share units under this award.