SEC Form 4 · accession 0000899243-18-021400
NOV Inc. · NOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig L. Weinstock
Officer — Sr. VP. & Gen. Counsel
Period of report
Aug 1, 2018
Accepted (ET)
Aug 3, 2018 · 5:19 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 Stock | Aug 1, 2018 | M | 25,000 | $28.24 | A | 67,663 | D | |
| Common Stock | Aug 1, 2018 | S | 25,000 | $47.4482 | D | 42,663 | D |
Table II — derivative securities
| 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)F1 | $28.24 | Aug 1, 2018 | M | 25,000 | D | — | Feb 25, 2026 | Common Stock | 25,000 | 109,529 | D |
Explanation of responses
- F1The option, representing a right to purchase a total of 134,529 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.