0000902664-23-003508.txt : 20230609 0000902664-23-003508.hdr.sgml : 20230609 20230609161534 ACCESSION NUMBER: 0000902664-23-003508 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230608 FILED AS OF DATE: 20230609 DATE AS OF CHANGE: 20230609 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: OAK HILL ADVISORS LP CENTRAL INDEX KEY: 0001164688 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08097 FILM NUMBER: 231005460 BUSINESS ADDRESS: STREET 1: 1 VANDERBILT AVE STREET 2: 16TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-326-1500 MAIL ADDRESS: STREET 1: 1 VANDERBILT AVE STREET 2: 16TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Valaris Ltd CENTRAL INDEX KEY: 0000314808 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 980635229 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: CLARENDON HOUSE STREET 2: 2 CHURCH STREET CITY: HAMILTON STATE: D0 ZIP: HM 11 BUSINESS PHONE: 4402076594660 MAIL ADDRESS: STREET 1: CLARENDON HOUSE STREET 2: 2 CHURCH STREET CITY: HAMILTON STATE: D0 ZIP: HM 11 FORMER COMPANY: FORMER CONFORMED NAME: Valaris plc DATE OF NAME CHANGE: 20190801 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 4 1 ownership.xml X0407 4 2023-06-08 0 0000314808 Valaris Ltd VAL 0001164688 OAK HILL ADVISORS LP 1 VANDERBILT AVE 16TH FLOOR NEW YORK NY 10017 0 0 1 0 0 Common Shares, $0.01 par value per share ("Common Shares") 2023-06-08 4 A 0 2926 A 28017 I See footnotes Common Shares 8966016 I See footnotes Consists of a grant of 2,926 restricted stock units to Mr. Joseph Goldschmid ("Mr. Goldschmid"), an employee of Oak Hill Advisors, L.P. ("OHA", or the "Reporting Person") and a member of the board of directors of the Issuer, which represent Mr. Goldschmid's annual equity retainer. These restricted stock units will vest in full on the earlier of the first anniversary of the date of grant or the next annual meeting of the Issuer's shareholders. Mr. Goldschmid has separately reported this grant on his own Form 4 as well. Pursuant to the policies of OHA, the restricted stock units received by Mr. Goldschmid are held for the benefit of certain OHA clients. OHA acts (directly or through an affiliate) as investment adviser to certain funds and client accounts (together, the "Oak Hill Advisory Entities"), with respect to the Common Shares directly held by the Oak Hill Advisory Entities. OHA is a subsidiary business of T. Rowe Price Associates, Inc. ("TRP"). OHA's beneficial ownership does not include any shares that may be beneficially owned by TRP. OHA disclaims beneficial ownership of the Common Shares held by the Oak Hill Advisory Entities beyond its respective pecuniary interest therein, if any, for purposes of Section 16 under the Securities Exchange Act of 1934, as amended. Reflects securities held by the Oak Hill Advisory Entities. Oak Hill Advisors, L.P., By: /s/ Gregory S. Rubin, Authorized Signatory 2023-06-09