SEC Form 4 · accession 0000899243-18-005964

NOV Inc. · NOV

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

Reporting owner

Officer — President - Rig Technologies

Period of report

Feb 28, 2018

Accepted (ET)

Mar 1, 2018 · 5:15 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 28, 2018	A	8,170	$0.00	A	46,397	D
Common Stock^F2	Feb 28, 2018	F	3,215	$35.09	D	43,182	D
Common Stock^F3	Feb 28, 2018	A	18,809	$0.00	A	61,991	D
Common Stock^F4	holding	—	—		—	879	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)^F5	$35.09	Feb 28, 2018	A	71,504	A	—	Feb 29, 2028	Common Stock	71,504	71,504	D

F1Represents the total number of shares that vested from the performance share awards granted to Mr. Rovig's on February 25, 2015.
F2Represents the number of shares withheld from the vesting of the performance share awards granted to Mr. Rovig's on February 25, 2015 to satisfy tax withholding liability.
F3An equity award of time-based restricted stock pursuant to the Issuer's Long-Term Incentive Plan, which will vest in three equal annual installments commencing on the first anniversary of the date of the grant.
F4Represents the number of shares equivalent of NOV common stock held by Mr. Rovig under the National Oilwell Varco, Inc. 401(k) Plan. The information in this report is based on Mr. Rovig's account balance as of February 28, 2018.
F5The option, awarded pursuant to the Issuer's Long-Term Incentive Plan, representing a right to purchase a total of 71,504 shares, will become exercisable in three equal annual installments beginning on February 28, 2019, which will be the first anniversary of the date on which the option was granted.