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SDRL - Issuance of restricted stock units to primary insiders

This  Hamilton, Bermuda, August 26, 2019- Seadrill Limited (" Seadrill " or the " Company ") announces that 308,371 Restricted Stock Units ("RSUs”) were awarded on August 23, 2019 to primary insiders. The RSUs entitle the recipient to receive one common share for each RSU awarded subject to the terms of the Employee Incentive Plan.  The RSUs are non-transferable and one third of the award will vest and be delivered without further consideration on each of the first three anniversaries...
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This 

Hamilton, Bermuda, August 26, 2019 - Seadrill Limited (" Seadrill " or the " Company ") announces that 308,371 Restricted Stock Units ("RSUs”) were awarded on August 23, 2019 to primary insiders.

The RSUs entitle the recipient to receive one common share for each RSU awarded subject to the terms of the Employee Incentive Plan.  The RSUs are non-transferable and one third of the award will vest and be delivered without further consideration on each of the first three anniversaries following the date of the award.

The following primary insiders have been allocated the RSUs shown in the table below. 

This information is subject of the disclosure requirements pursuant to section 4-2 of the Norwegian Securities Trading Act.

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