Filing Details

Accession Number:
0000899243-19-005499
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-03-01 18:18:35
Reporting Period:
2019-02-27
Accepted Time:
2019-03-01 18:18:35
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 2019-02-27 24,250 $0.00 54,098 No 4 A Direct
Common Stock Disposition 2019-02-27 6,833 $28.72 47,265 No 4 F Direct
Common Stock Acquisiton 2019-02-27 18,802 $0.00 66,067 No 4 A Direct
Common Stock Disposition 2019-02-28 15,125 $28.02 50,942 No 4 S Direct
Common Stock Disposition 2019-02-28 2,221 $28.14 48,721 No 4 F 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
No 4 F 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 2019-02-27 59,341 $0.00 59,341 $28.72
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
59,341 2029-02-28 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,892 Indirect by 401(K) Plan
Footnotes
  1. Represents the total number of shares that vested from the performance share awards granted to Mr. Duff on February 24, 2016.
  2. Represents the number of shares withheld from the vesting of the performance share awards granted to Mr. Duff on February 24, 2016 to satisfy tax withholding liability.
  3. An equity award of time-based restricted stock pursuant to the Issuer's 2018 Long-Term Incentive Plan, which will vest in three equal annual installments commencing on the first anniversary of the date of the grant.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.83 to $ 28.17, inclusive.
  5. Represents the number of shares withheld from the vesting of time-based restricted stock (granted on February 28, 2018) to satisfy tax withholding liability.
  6. 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 27, 2019.
  7. The option, awarded pursuant to the Issuer's 2018 Long-Term Incentive Plan, representing a right to purchase a total of 59,341 shares, will become exercisable in three equal annual installments beginning on February 27, 2020, which will be the first anniversary of the date on which the option was granted.