0000314808-20-000106.txt : 20200603 0000314808-20-000106.hdr.sgml : 20200603 20200603170715 ACCESSION NUMBER: 0000314808-20-000106 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200601 FILED AS OF DATE: 20200603 DATE AS OF CHANGE: 20200603 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ROWSEY PAUL E III CENTRAL INDEX KEY: 0001184169 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08097 FILM NUMBER: 20940832 MAIL ADDRESS: STREET 1: CRESCENT REAL ESTATE EQUAITIES LTD STREET 2: 777 MAIN STREET CITY: FORT WORTH STATE: TX ZIP: 76102 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Valaris plc CENTRAL INDEX KEY: 0000314808 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 980635229 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 110 CANNON STREET CITY: LONDON STATE: X0 ZIP: EC4N6EU BUSINESS PHONE: 4402076594660 MAIL ADDRESS: STREET 1: 110 CANNON STREET CITY: LONDON STATE: X0 ZIP: EC4N6EU FORMER COMPANY: FORMER CONFORMED NAME: Ensco Rowan plc DATE OF NAME CHANGE: 20190410 FORMER COMPANY: FORMER CONFORMED NAME: Ensco plc DATE OF NAME CHANGE: 20100331 FORMER COMPANY: FORMER CONFORMED NAME: Ensco International plc DATE OF NAME CHANGE: 20091223 4 1 wf-form4_159121841679724.xml FORM 4 X0306 4 2020-06-01 0 0000314808 Valaris plc VAL 0001184169 ROWSEY PAUL E III 110 CANNON STREET LONDON X0 EC4N 6EU UNITED KINGDOM 1 0 0 0 Class A Ordinary Shares 2020-06-01 4 M 0 3626 A 34220 D Class A Ordinary Shares 2020-06-01 4 M 0 3483 A 37703 D Class A Ordinary Shares 2020-06-01 4 F 0 733 0.32 D 36970 D Restricted Share Units 2020-06-01 4 M 0 3626 0 D Class A Ordinary Shares 3626.0 0 D Restricted Share Units 2020-06-01 4 M 0 3483 0 D Class A Ordinary Shares 3483.0 3483 D The restricted share units convert into Class A ordinary shares on a one-for-one basis upon vesting, and the reporting person is required to pay the aggregate nominal value (par value), $0.40 per share, of our Class A ordinary shares actually issued in accordance with U.K. corporate law. In connection with the transaction reported above, the reporting person paid $1,300.80 to Valaris plc with respect to the shares actually issued upon vesting of the restricted share units. The remaining 374 shares were withheld and not issued to satisfy certain tax withholding obligations. The restricted share units convert into Class A ordinary shares on a one-for-one basis upon vesting, and the reporting person is required to pay the aggregate nominal value (par value), $0.40 per share, of our Class A ordinary shares actually issued in accordance with U.K. corporate law. In connection with the transaction reported above, the reporting person paid $1,249.60 to Valaris with respect to the shares actually issued upon vesting of the restricted share units. The remaining 359 shares were withheld and not issued to satisfy certain tax withholding obligations. 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. On June 1, 2017, the reporting person was granted 10,878 restricted share units, vesting in three equal annual installments beginning on the first anniversary of the grant date. On June 1, 2018, the reporting person was granted 10,449 restricted share units, vesting in three equal annual installments beginning on the first anniversary of the grant date. /s/ Davor S. Vukadin, by Power of Attorney 2020-06-03