NOV Inc. — Director's Dealing 2009

May 14, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATIONAL OILWELL VARCO INC (NOV)
CIK: 0001021860
Period of Report: 2009-05-13

Reporting Person: SMISEK JEFFERY A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-05-13	Common Stock	A	2756	—	Acquired	25281	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-05-13	Non-Qualified Stock Option (right to buy)	$33.57	A	4000	Acquired	2019-05-14	Common Stock (4000)	Direct

Footnotes

F1: Options vest in three (3) equal annual installments commencing on the date indicated.