NOV Inc. — Director's Dealing 2021

Feb 24, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOV Inc. (NOV)
CIK: 0001021860
Period of Report: 2021-02-22

Reporting Person: Bayardo Jose A (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-22	Common Stock	A	28213	$0.00	Acquired	282461	Direct
2021-02-22	Common Stock	F	6870	$15.00	Disposed	275591	Direct
2021-02-22	Common Stock	A	45000	$0.00	Acquired	320591	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-22	Non-Qualified Stock Option (right to buy)	$15.00	A	118629	Acquired	2031-02-23	Common Stock (118629)	Direct

Footnotes

F1: Represents the total number of shares that vested from the performance share awards granted to Mr. Bayardo on February 28, 2018.

F2: Represents the number of shares withheld from the vesting of the performance share awards granted to Mr. Bayardo on February 28, 2018 to satisfy tax withholding liability.

F3: An equity award of time-based restricted stock pursuant to the Issuer's 2018 Long-Term Incentive Plan, which will vest in three equal annual installments commencing on the first anniversary of the date of the grant.

F4: The option, awarded pursuant to the Issuer's 2018 Long-Term Incentive Plan, representing a right to purchase a total of 118,629 shares, will become exercisable in three equal annual installments beginning on February 22, 2022, which will be the first anniversary of the date on which the option was granted.