SEC Form 4 · accession 0000899243-16-026516
NOV Inc. · NOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott K. Duff
Officer — VP Cntrlr Chf Acctg Offcr
Period of report
Aug 5, 2016
Accepted (ET)
Aug 8, 2016 · 5:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001021860
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 5, 2016 | S | 1,575 | $32.62 | D | 16,924 | D | |
| Common Stock | Aug 8, 2016 | S | 1,606 | $34.1738 | D | 15,318 | D | |
| Common StockF2 | holding | — | — | — | 5,755 | I | by 401(K) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In the Form 5 filed on January 27, 2016, the number of shares reported as being withheld from the vesting of Mr. Duff's time-based restricted stock shares to satisfy tax withholding liability was incorrect. The actual number of shares that were withheld from vesting to satisfy tax withholding liability was 594. This report shows the correct number of aggregate shares held by Mr. Duff.
- F2Represents the number of shares equivalent of NOV common stock held by Mr. Duff under the National Oilwell Varco, Inc. 401(k) Plan. The information in this report is based on Mr. Duff's account balance as of August 5, 2016.