SEC Form 4 · accession 0000899243-18-022046
NOV Inc. · NOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric L Mattson
Director
Period of report
Aug 9, 2018
Accepted (ET)
Aug 10, 2018 · 4:31 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 9, 2018 | M | 4,338 | $30.953 | A | 76,484 | D | |
| Common StockF1 | Aug 9, 2018 | S | 4,338 | $45.6478 | D | 72,146 | 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)F2 | $30.953 | Aug 9, 2018 | M | 4,338 | D | — | May 14, 2019 | Common Stock | 4,338 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.6401 to $45.6700, inclusive. The reporting person undertakes to provide to National Oilwell Varco, Inc., any security holder of National Oilwell Varco, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2The option, representing a right to purchase a total of 4,338 shares, became exercisable in three equal annual installments beginning on May 13, 2010, which was the first anniversary of the date on which the option was granted.