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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.