Filing Details

Accession Number:
0000899243-21-008027
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-24 16:59:42
Reporting Period:
2021-02-22
Accepted Time:
2021-02-24 16:59:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1021860 Nov 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 2021-02-22 16,928 $0.00 89,294 No 4 A Direct
Common Stock Disposition 2021-02-22 4,122 $15.00 85,172 No 4 F Direct
Common Stock Acquisiton 2021-02-22 27,000 $0.00 112,172 No 4 A Direct
Common Stock Disposition 2021-02-23 10,000 $14.81 102,172 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 2021-02-22 71,178 $0.00 71,178 $15.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
71,178 2031-02-23 No 4 A Direct
Footnotes
  1. Represents the total number of shares that vested from the performance share awards granted to Mr. Duff on February 28, 2018.
  2. Represents the number of shares withheld from the vesting of the performance share awards granted to Mr. Duff on February 28, 2018 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 the average price. These shares were sold in multiple transactions at prices ranging from $14.81 to $14.82, inclusive. The reporting person undertakes to provide to NOV Inc., any security holder of NOV Inc., 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 footnote (4) to this Form 4.
  5. The option, awarded pursuant to the Issuer's 2018 Long-Term Incentive Plan, representing a right to purchase a total of 71,178 shares, will become exercisable in three equal annual installments beginning on February 22, 2022, which will be the first anniversary of the date on which the option was granted.