NOV Inc. — Director's Dealing 2010

Feb 17, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NATIONAL OILWELL VARCO INC (NOV)
CIK: 0001021860
Period of Report: 2010-02-16

Reporting Person: WILLIAMS CLAY C (Exec. Vice President and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-16	Common Stock	A	16400	—	Acquired	154032	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-16	Non-Qualified Stock Option (right to buy)	$44.07	A	61680	Acquired	2020-02-17	Common Stock (61680)	Direct

Footnotes

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