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NABORS INDUSTRIES LTD — Director's Dealing 2014
Feb 24, 2014
32659_dirs_2014-02-24_39bf64a9-b8a5-46c3-8b1c-83301014382f.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: NABORS INDUSTRIES LTD (NBR)
CIK: 0001163739
Period of Report: 2014-01-01
Reporting Person: PETRELLO ANTHONY G (Director, CHAIRMAN, PRESIDENT & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-01 | Common Stock | A | 315204 | — | Acquired | 3163995 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3444431 | Indirect |
Footnotes
F1: These performance shares will settle at the end of a three-year performance period (January 1, 2014 to December 31, 2016) based on the Company's relative total shareholder return against a peer group of companies. The number of shares reported represents the maximum that may be earned, which is 200% of the target number.
F2: Due to an administrative error, the number of shares Mr. Petrello received was incorrectly listed as 301,597 on the Form 4 filed January 3, 2014. Consequently, the total common shares directly owned was incorrectly listed as 3,150,388. The 315,204 common shares reflect the shares actually received by Mr. Petrello on January 1, 2014.