SEC Form 4 · accession 0001127602-16-056913
NABORS INDUSTRIES LTD · NBR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dag Skattum
Director
Period of report
Jun 30, 2016
Accepted (ET)
Jul 5, 2016 · 8:03 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001163739
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $10.05 | Jun 30, 2016 | A | 12,590 | A | Jun 30, 2016 | Jun 30, 2026 | Common Stock | 12,590 | 12,590 | D |
Explanation of responses
- F1Mr. Skattum voluntarily agreed to receive stock options in lieu of the quarterly cash payment he would normally receive as a Nabors director. The options vest immediately.