| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| VARDE PARTNERS INC | 10%+ Owner | C/O VARDE PARTNERS, INC., 520 MADISON AVE, 34TH FLOOR, NEW YORK | Varde Investment Partners (Offshore) Master, L.P. By: Varde Investment Partners G.P., L.P., its GP By: Varde Investment Partners UGP, LLC, its GP By: Varde Partners, L.P., its Managing Member By: Varde Partners, Inc., its GP /s/ Andrew Malone, GC | 15 Sep 2025 | 0001054846 |
| Varde Investment Partners (Offshore) Master, L.P. | 10%+ Owner | C/O VARDE PARTNERS, INC., 520 MADISON AVE, 34TH FLOOR, NEW YORK | Varde Credit Partners Master, L.P. By: Varde Credit Partners G.P., L.P., its GP By: Varde Credit Partners UGP, LLC, its GP By: Varde Partners, L.P., its Managing Member By: Varde Partners, Inc., its GP /s/ Andrew Malone, GC | 15 Sep 2025 | 0001705023 |
| Varde Credit Partners Master, L.P. | 10%+ Owner | C/O VARDE PARTNERS, INC., 520 MADISON AVE, 34TH FLOOR, NEW YORK | Varde Investment Partners, L.P. By: Varde Investment Partners G.P., L.P., its GP By: Varde Investment Partners UGP, LLC, its GP By: Varde Partners, L.P., its Managing Member By: Varde Partners, Inc., its GP /s/ Andrew Malone, GC | 15 Sep 2025 | 0001744511 |
| VARDE INVESTMENT PARTNERS LP | 10%+ Owner | C/O VARDE PARTNERS, INC., 520 MADISON AVE, 34TH FLOOR, NEW YORK | The Varde Skyway Master Fund, L.P. By: The Varde Skyway Fund G.P., L.P., its GP By: The Varde Skyway Fund UGP, LLC, its GP By: Varde Partners, L.P., its Managing Member By: Varde Partners, Inc., its GP /s/ Andrew Malone, GC | 15 Sep 2025 | 0001452534 |
| Varde Skyway Master Fund, L.P. | 10%+ Owner | C/O VARDE PARTNERS, INC., 520 MADISON AVE, 34TH FLOOR, NEW YORK | Varde Partners, Inc. /s/ Andrew Malone, GC | 15 Sep 2025 | 0001704946 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NBR | Common Shares | Sale | $12,507,318 | -305,000 | -18% | $41.01 | 1,413,430 | 11 Sep 2025 | See footnotes | F1, F2, F3 |
| transaction | NBR | Common Shares | Sale | $312,285 | -7,378 | -0.52% | $42.33 | 1,406,052 | 11 Sep 2025 | See footnotes | F1, F2, F3 |
VARDE PARTNERS INC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | After giving effect to the sales reported in this Statement, the common shares are directly held as follows: 76,687 by Varde Investment Partners (Offshore) Master, L.P., 923,304 by Varde Credit Partners Master, L.P., 224,946 by Varde Investment Partners, L.P., 181,115 by The Varde Skyway Master Fund, L.P. |
| F2 | Varde Investment Partners G.P., L.P. ("VIP GP") is the general partner of each of Varde Investment Partners (Offshore) Master, L.P. and Varde Investment Partners, L.P., and Varde Investment Partners UGP, LLC ("VIP UGP") is the general partner of VIP GP. Varde Credit Partners G.P., L.P. ("Credit Partners GP") is the general partner of Varde Credit Partners Master, L.P., and Varde Credit Partners UGP, LLC ("Credit Partners UGP") is the general partner of Credit Partners GP. The Varde Skyway Fund G.P., L.P. ("Skyway GP") is the general partner of The Varde Skyway Master Fund, L.P., and The Varde Skyway Fund UGP, LLC ("Skyway UGP") is the general partner of Skyway GP. Varde Partners, L.P. ("VPLP") is the managing member of Credit Partners UGP, VIP UGP, and Skyway UGP. Varde Partners, Inc. is the general partner of VPLP. |
| F3 | Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose. |