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NABORS INDUSTRIES LTD — Director's Dealing 2009
Nov 10, 2009
32659_dirs_2009-11-10_b440eb85-eda8-4c17-9cec-2099cfd14dba.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NABORS INDUSTRIES LTD (NBR)
CIK: 0001163739
Period of Report: 2009-11-06
Reporting Person: PETRELLO ANTHONY G (Director, PRESIDENT AND COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-11-06 | Common Stock | M | 750000 | $12.375 | Acquired | 3227752 | Direct |
| 2009-11-09 | Common Stock | M | 750000 | $12.375 | Acquired | 3977752 | Direct |
| 2009-11-09 | Common Stock | F | 531165 | $22.88 | Disposed | 3446587 | Direct |
| 2009-11-09 | Common Stock | S | 208000 | $22.8001 | Disposed | 3238587 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-11-06 | Stock Options (Right to Buy) | $12.375 | M | 750000 | Disposed | 2009-12-07 | Common Stock (750000) | Direct |
| 2009-11-09 | Stock Options (Right to Buy) | $12.375 | M | 750000 | Disposed | 2009-12-07 | Common Stock (750000) | Direct |
Footnotes
F1: Exercise of stock options exempt under Section 16b-3.
F2: Represents the weighted average price of shares sold on November 9, 2009 at prices that range from $22.64 to $22.89. The reporting person has provided to the issuer and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F3: Owned directly or indirectly by revocable trust of which the Reporting Person is a trustee and as to which the Reporting Person has voting and dispositive power.