NABORS INDUSTRIES LTD — Director's Dealing 2021

Oct 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NABORS INDUSTRIES LTD (NBR)
CIK: 0001163739
Period of Report: 2021-09-30

Reporting Person: CHASE ANTHONY R (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-30	Stock Options (Right to Buy)	$96.48	A	552	Acquired	2031-09-30	Common Stock (552)	Direct

Footnotes

F1: The Reporting Person elected to receive stock options in lieu of the quarterly cash payment he would normally receive as a Nabors director. The number of options was determined by dividing the foregone cash payment of $37,500 by the option price on the date of grant calculated in accordance with the Black-Scholes valuation model, or $67.9921 per share. The options are fully vested as of the date of grant, and have an exercise price of $96.48 per share, which is the market price of Nabors' common shares on the date of grant.