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NOV Inc. Director's Dealing 2009

Feb 23, 2009

31030_dirs_2009-02-23_792b74ad-3421-446c-adb6-e07cd46b2805.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATIONAL OILWELL VARCO INC (NOV)
CIK: 0001021860
Period of Report: 2009-02-20

Reporting Person: BLANCHARD ROBERT W (VP Cntrlr Chf Acctg Offcr)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-02-20 Common Stock A 16000 Acquired 47983 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-02-20 Non-Qualified Stock Option (right to buy) $25.96 A 32000 Acquired 2019-02-21 Common Stock (32000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 284 Indirect

Footnotes

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