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NOV Inc. — Director's Dealing 2023
Mar 1, 2023
31030_dirs_2023-02-28_1bac014a-4565-4ae8-b192-2a54a708ee34.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NOV Inc. (NOV)
CIK: 0001021860
Period of Report: 2023-02-25
Reporting Person: Novak Christy Lynn (VP, Corp. Controller, CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-25 | Common Stock | F | 556 | $21.65 | Disposed | 88803 | Direct |
| 2023-02-27 | Common Stock | M | 5404 | $15.00 | Acquired | 94207 | Direct |
| 2023-02-27 | Common Stock | S | 5404 | $21.8539 | Disposed | 88803 | Direct |
| 2023-02-27 | Common Stock | S | 4203 | $21.8702 | Disposed | 84600 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-27 | Non-Qualified Stock Option (right to buy) | $15.00 | M | 5404 | Disposed | 2031-02-23 | Common Stock (5404) | Direct |
Footnotes
F1: Represents the number of shares withheld from the vesting of time-based restricted stock (granted on February 25, 2020) to satisfy tax withholding liability.
F2: The price reported in Column 4 is the average price. These shares were sold in multiple transactions. 900 shares were sold for $21.8710, 200 shares were sold for $21.8701, and 3,103 shares were sold $21.8700. The reporting person undertakes to provide to NOV Inc., any security holder of NOV Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
F3: The option, representing a right to purchase a total of 8,106 shares, became exercisable in three equal annual installments beginning on February 22, 2022, which was the first anniversary of the date on which the option was granted.