Filing Details

Accession Number:
0000899243-18-005961
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-01 17:15:33
Reporting Period:
2018-02-28
Accepted Time:
2018-03-01 17:15:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1021860 National Oilwell Varco Inc NOV Oil & Gas Field Machinery & Equipment (3533) 760475815
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1614165 K. Scott Duff 7909 Parkwood Circle Drive
Houston TX 77036
Vp Cntrlr Chf Acctg Offcr No Yes 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
Common Stock Acquisiton 2018-02-28 4,085 $0.00 26,816 No 4 A Direct
Common Stock Disposition 2018-02-28 995 $35.09 25,821 No 4 F Direct
Common Stock Acquisiton 2018-02-28 16,928 $0.00 42,749 No 4 A Direct
Common Stock Disposition 2018-03-01 7,421 $35.66 35,328 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Acquisiton 2018-02-28 64,353 $0.00 64,353 $35.09
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
64,353 2028-02-29 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,792 Indirect by 401(K) Plan
Footnotes
  1. Represents the total number of shares that vested from the performance share awards granted to Mr. Duff's on February 25, 2015.
  2. Represents the number of shares withheld from the vesting of the performance share awards granted to Mr. Duff's on February 25, 2015 to satisfy tax withholding liability.
  3. An equity award of time-based restricted stock pursuant to the Issuer's Long-Term Incentive Plan, which will vest in three equal annual installments commencing on the first anniversary of the date of the grant.
  4. Represents the number of shares equivalent of NOV common stock held by Mr. Duff under the National Oilwell Varco, Inc. 401(k) Plan. The information in this report is based on Mr. Duff's account balance as of February 28, 2018.
  5. The option, awarded pursuant to the Issuer's Long-Term Incentive Plan, representing a right to purchase a total of 64,353 shares, will become exercisable in three equal annual installments beginning on February 28, 2019, which will be the first anniversary of the date on which the option was granted.