SEC Form 4 · accession 0000899243-17-005413
NOV Inc. · NOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clay C Williams
Officer — Chairman, President and CEO · Director
Period of report
Feb 24, 2017
Accepted (ET)
Feb 27, 2017 · 5:20 pm EST
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 | Feb 24, 2017 | F | 11,142 | $39.79 | D | 270,583 | D | |
| Common Stock | holding | — | — | — | 30,000 | I | by Children's Trusts | |
| Common StockF2 | holding | — | — | — | 41 | I | by NOV Saving Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares withheld from the vesting of time-based restricted stock (granted on February 24, 2016) to satisfy tax withholding liability.
- F2Represents the number of shares equivalent of the Issuer's common stock held by Mr. Williams under the National Oilwell Varco, Inc. Supplemental Savings Plan. The information in this report is based on Mr. Williams' account balance as of February 22, 2017.