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