Jennifer Gill Roberts - Nov 16, 2021 Form 3 Insider Report for Nabors Energy Transition Corp. (NETC)

Role
Director
Signature
/s/ Jennifer Gill Roberts, by Michael Rasmuson as Attorney-in-Fact
Stock symbol
NETC
Transactions as of
Nov 16, 2021
Transactions value $
$0
Form type
3
Date filed
11/19/2021, 07:04 PM
Next filing
Dec 19, 2023

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 Nov 16, 2021 Class B Common Stock 50K 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