Christy H. Novak - 15 Feb 2022 Form 4 Insider Report for NOV Inc. (NOV)

Signature
By: Brigitte M. Hunt For: Christy L. Novak
Issuer symbol
NOV
Transactions as of
15 Feb 2022
Net transactions value
$0
Form type
4
Filing time
17 Feb 2022, 17:24:56 UTC
Previous filing
08 Nov 2021
Next filing
23 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOV Common Stock Award $0 +40,347 +134% $0.000000 70,505 15 Feb 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NOV Non-Qualified Stock Option (right to buy) Award $0 +36,000 $0.000000 36,000 15 Feb 2022 Common Stock 36,000 $16.73 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 An equity award of time-based restricted stock units pursuant to the National Oilwell Varco, Inc. 2018 Long-Term Incentive Plan, which will vest in three equal annual installments commencing on the first anniversary of the date of the grant.
F2 The option, awarded pursuant to the Issuer's 2018 Long-Term Incentive Plan, representing a right to purchase a total of 36,000 shares, will become exercisable in three equal annual installments beginning on February 15, 2023, which will be the first anniversary of the date on which the option was granted.