Christy Lynn Novak - Feb 15, 2022 Form 4 Insider Report for NOV Inc. (NOV)

Role
VP, Corp. Controller, CAO
Signature
By: Brigitte M. Hunt For: Christy L. Novak
Stock symbol
NOV
Transactions as of
Feb 15, 2022
Transactions value $
$0
Form type
4
Date filed
2/17/2022, 05:24 PM
Previous filing
Nov 8, 2021
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOV Common Stock Award $0 +40.3K +133.79% $0.00 70.5K Feb 15, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NOV Non-Qualified Stock Option (right to buy) Award $0 +36K $0.00 36K Feb 15, 2022 Common Stock 36K $16.73 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 An equity award of time-based restricted stock units pursuant to the National Oilwell Varco, Inc. 2018 Long-Term Incentive Plan, which will vest in three equal annual installments commencing on the first anniversary of the date of the grant.
F2 The option, awarded pursuant to the Issuer's 2018 Long-Term Incentive Plan, representing a right to purchase a total of 36,000 shares, will become exercisable in three equal annual installments beginning on February 15, 2023, which will be the first anniversary of the date on which the option was granted.