William Restrepo - Feb 22, 2022 Form 4 Insider Report for NABORS INDUSTRIES LTD (NBR)

Role
Chief Financial Officer
Signature
/s/ Mark D. Andrews by Power of Attorney for William Restrepo
Stock symbol
NBR
Transactions as of
Feb 22, 2022
Transactions value $
-$84,986
Form type
4
Date filed
2/24/2022, 04:03 PM
Previous filing
Jan 4, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NBR Common Stock Tax liability -$85K -673 -0.66% $126.28 102K Feb 22, 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 NBR 2021 Warrants Award $0 +2.13K +5.51% $0.00 40.7K Feb 22, 2022 Common Stock 2.13K $166.67 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the number of shares surrendered on February 22, 2022 to satisfy the tax withholding on the vesting of 2,760 shares of the 8,280 performance shares originally granted on February 22, 2019. The remaining 2,087 vested shares were retained by the executive.
F2 These warrants were earned in connection with the vesting of Performance restricted stock units on January 2, 2022 and February 11, 2022 by Mr. Restrepo and distributed pursuant to the terms of the applicable award agreements on February 22, 2022 as determined by the Compensation Committee on February 11, 2022.