Filing Details

Accession Number:
0000902664-21-004055
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-27 21:50:47
Reporting Period:
2021-08-25
Accepted Time:
2021-08-27 21:50:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
314808 Valaris Ltd VAL Drilling Oil & Gas Wells (1381) 980635229
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1013025 R Glenn August C/O Oha - 1 Vanderbilt Avenue
16Th Floor
New York NY 10017
No No Yes No
1164688 Oak Hill Advisors Lp 1 Vanderbilt Ave
16Th Floor
New York NY 10017
No No Yes No
1312600 Oak Hill Advisors Mgp, Inc. 201 Main Street
Fort Worth TX 76102
No No Yes No
1515759 Oak Hill Advisors Genpar, L.p. 1 Vanderbilt Avenue
16Th Floor
New York NY 10017
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares, $0.01 Par Value Per Share ("Common Shares") Acquisiton 2021-08-25 56,513 $27.19 9,268,837 No 4 P Indirect See footnotes
Common Shares Acquisiton 2021-08-26 58,586 $27.21 9,327,423 No 4 P Indirect See footnotes
Common Shares Acquisiton 2021-08-27 85,400 $28.11 9,412,823 No 4 P Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnotes
No 4 P Indirect See footnotes
No 4 P Indirect See footnotes
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Shares 22,023 Indirect See footnotes
Footnotes
  1. Oak Hill Advisors GenPar, L.P. is the general partner of Oak Hill Advisors, L.P. ("OHA"). Oak Hill Advisors MGP, Inc. is the managing general partner of Oak Hill Advisors GenPar, L.P. Mr. Glenn R. August, the Founder, Senior Partner and Chief Executive Officer of OHA, controls OHA. OHA and its affiliates are managed or otherwise controlled directly or indirectly by Mr. August. The interests beneficially owned by the Oak Hill Advisors Entities (as defined below) may be deemed to be beneficially owned by Mr. August, OHA and/or its affiliates. Mr. August, OHA and/or its affiliates disclaim beneficial ownership of the Common Shares beyond their respective pecuniary interest in the Oak Hill Advisors Entities for purposes of Section 16 under the Securities Exchange Act of 1934, as amended.
  2. Reflects securities held by client accounts (each, an "Oak Hill Advisors Entity") advised and/or managed by OHA and/or its affiliates. As an advisor or manager to the Oak Hill Advisors Entities, OHA has the power to vote or direct the vote of, and the power to dispose or to direct the disposition of, the Common Shares owned by such entities.
  3. Consists of a one-time grant of 14,823 restricted stock units and an annual equity retainer of 7,200 restricted stock units awarded to Mr. Joseph Goldschmid ("Mr. Goldschmid"), an employee of OHA and a member of the board of directors of the Issuer. Goldschmid"), an employee of OHA and a member of the board of directors of the Issuer.
  4. Pursuant to the policies of OHA, the restricted stock units received by Mr. Goldschmid are held for the benefit of certain clients of OHA.