SEC Form 4 · accession 0000899243-17-005416

NOV Inc. · NOV

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP Cntrlr Chf Acctg Offcr

Period of report

Feb 24, 2017

Accepted (ET)

Feb 27, 2017 · 5:21 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 Stock^F1	Feb 24, 2017	F	1,259	$39.79	D	30,559	D
Common Stock	Feb 24, 2017	M	37,369	$28.24	A	67,928	D
Common Stock	Feb 24, 2017	S	37,369	$39.8674	D	30,559	D
Common Stock^F2	Feb 25, 2017	F	653	$39.79	D	29,906	D
Common Stock^F3	holding	—	—		—	5,727	I	by 401(K) Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option (right to buy)^F4	$28.24	Feb 24, 2017	M	37,369	D	—	Feb 25, 2026	Common Stock	37,369	74,739	D

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 withheld from the vesting of time-based restricted stock (granted on February 25, 2014) to satisfy tax withholding liability.
F3Represents 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 February 22, 2017.
F4The option, representing a right to purchase a total of 112,108 shares, became exercisable in three equal annual installments beginning on February 24, 2017, which was the first anniversary of the date on which the option was granted.