Filing Details

Accession Number:
0000899243-20-023723
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-09-01 13:28:55
Reporting Period:
2020-08-28
Accepted Time:
2020-09-01 13:28:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
314808 Valaris Plc VAL Drilling Oil & Gas Wells (1381) 980635229
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1802511 Adam Weitzman 1700 Broadway
26Th Floor
New York NY 10019
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Ordinary Shares Disposition 2020-08-28 1,979,508 $0.74 12,750,000 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
Footnotes
  1. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $0.072-$0.075, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
  2. The securities are held directly by Luminus Energy Partners Master Fund, Ltd. (the "Master Fund"), for which Luminus Management, LLC serves as the investment manager. Jonathan Barrett is the ultimate beneficial owner of Luminus Management, LLC.
  3. The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. The Reporting Persons expressly disclaim beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein.