FORM 4 [X] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

GAUT C CHRISTOPHER
2. Issuer Name and Ticker or Trading Symbol

Valaris plc [ VAL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

6 CHESTERFIELD GARDENS, 3RD FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

11/12/2019
(Street)

LONDON, X0 W1J 5BQ
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Ordinary Shares 11/12/2019  M  2637 A (1)21676 D  
Class A Ordinary Shares 11/12/2019  M  5066 A (2)26742 D  
Class A Ordinary Shares 11/12/2019  M  22806 A (3)49548 D  
Class A Ordinary Shares 11/12/2019  F  2137 (4)D$4.53 47411 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units  (1)11/12/2019  M     2637   (5) (5)Class A Ordinary Shares 2637.0 $0 0 D  
Restricted Share Units  (2)11/12/2019  M     5066   (5) (5)Class A Ordinary Shares 5066.0 $0 0 D  
Restricted Share Units  (3)11/12/2019  M     22806   (5) (5)Restricted Share Units 22806.0 $0 0 D  

Explanation of Responses:
(1) 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 $980.80 to Valaris with respect to the shares actually issued upon vesting of the restricted share units. The remaining 185 shares were withheld and not issued to satisfy certain tax withholding obligations.
(2) 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 $1,884.40 to Valaris with respect to the shares actually issued upon vesting of the restricted share units. The remaining 355 shares were withheld and not issued to satisfy certain tax withholding obligations.
(3) 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 $8,483.60 to Valaris with respect to the shares actually issued upon vesting of the restricted share units. The remaining 1,597 shares were withheld and not issued to satisfy certain tax withholding obligations.
(4) 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.
(5) In connection with the director's resignation from the Board on November 12, 2019, the Compensation Committee and the Board approved the accelerated vesting of the unvested June 2019 grant of 22,806 restricted share units held by the retiring director. All other unvested restricted share unit awards held by the director automatically vested in accordance with their terms upon the date of his retirement.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
GAUT C CHRISTOPHER
6 CHESTERFIELD GARDENS
3RD FLOOR
LONDON, X0 W1J 5BQ
X



Signatures
/s/ Davor S. Vukadin, by Power of Attorney11/14/2019
**Signature of Reporting PersonDate

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