BOFA SECURITIES, INC. - 18 Dec 2023 Form 4 Insider Report for Nabors Energy Transition Corp.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
20 Dec 2023, 14:54:19 UTC
Prior SEC filing
20 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Andres Ortiz, Authorized Signatory on behalf of (BofA Securities, Inc.)

Key filing fact

BOFA SECURITIES, INC. filed Form 4 for Nabors Energy Transition Corp. on 20 Dec 2023.

Key facts

  • This page summarizes BOFA SECURITIES, INC.'s Form 4 filing for Nabors Energy Transition Corp..
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 20 Dec 2023, 14:54.

Change

  • Previous filing in this sequence was filed on 20 Dec 2023.
  • Current net transaction value: -$10,010.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NETC transaction Derivative

Warrants

Other

Transaction value
$2,990
Shares
-29,900
Change %
-30%
Price
$0.1000*
Shares after
70,200
Date
18 Dec 2023
Ownership
By Subsidiary
Underlying class
Class A common stock
Underlying amount
29,900
Exercise price
$11.50
Footnotes
F1, F2, F3
NETC transaction Derivative

Warrants

Other

Transaction value
$7,020
Shares
-70,200
Change %
-100%
Price
$0.1000*
Shares after
0
Date
18 Dec 2023
Ownership
By Subsidiary
Underlying class
Class A common stock
Underlying amount
70,200
Exercise price
$11.50
Footnotes
F1, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

BOFA SECURITIES, INC. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

Open market sale of warrants.

Footnote F2

Non-rounded trade price is $0.09984.

Footnote F3

Bank of America Corporation held an indirect interest in the securities listed in Table II by virtue of its indirect ownership of its subsidiary BofA Securities, Inc.

Footnote F4

As mentioned in the Form 3 submitted by the Reporting Persons on 12/20/2023, the Reporting Persons became a 10% beneficial owner solely due to the redemption of 9,762,392 Class A common stock by shareholders as announced by the Issuer in the Form 8-K filed on 12/15/2023 (the "Redemptions"). The Reporting Persons has only executed the reported transactions, disposing of all warrants owned, since the Form 3 filing.

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