Colleen Calhoun - 16 Nov 2021 Form 3 Insider Report for Nabors Energy Transition Corp.

Role
Director
Signature
/s/ Colleen Calhoun, by Michael Rasmuson as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
16 Nov 2021
Net transactions value
$0
Form type
3
Filing time
16 Nov 2021, 20:10:42 UTC
Next filing
20 May 2022
SEC
View on sec.gov

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
holding NETC Class F Common Stock 16 Nov 2021 Class B Common Stock 50,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class F Common Stock are automatically convertible into shares of the Issuer's Class B Common Stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. The shares of Class F Common Stock are subject to forfeiture under certain circumstances relating to the Reporting Person's service on the Issuer's Board of Directors. Prior to and following the Issuer's initial business combination, the shares of Class B Common Stock will be convertible, at the option of the holder, into shares of the Issuer's Class A Common Stock.

Remarks:

Exhibit List: 24.1 - Power of Attorney