Christy Lynn Novak - Feb 25, 2023 Form 4 Insider Report for NOV Inc. (NOV)

Signature
By: Brigitte M. Hunt For: Christy H. Novak
Stock symbol
NOV
Transactions as of
Feb 25, 2023
Transactions value $
-$140,996
Form type
4
Date filed
2/28/2023, 06:34 PM
Previous filing
Feb 27, 2023
Next filing
Feb 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOV Common Stock Tax liability -$12K -556 -0.62% $21.65 88.8K Feb 25, 2023 Direct F1
transaction NOV Common Stock Options Exercise $81.1K +5.4K +6.09% $15.00 94.2K Feb 27, 2023 Direct
transaction NOV Common Stock Sale -$118K -5.4K -5.74% $21.85 88.8K Feb 27, 2023 Direct
transaction NOV Common Stock Sale -$91.9K -4.2K -4.73% $21.87 84.6K Feb 27, 2023 Direct F2

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) Options Exercise $0 -5.4K -66.67% $0.00 2.7K Feb 27, 2023 Common Stock 5.4K $15.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.