Mark D. Andrews - Feb 11, 2022 Form 4 Insider Report for NABORS INDUSTRIES LTD (NBR)

Role: CORPORATE SECRETARY
Signature: /s/ Mark D. Andrews
Stock symbol: NBR
Transactions as of: Feb 11, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/15/2022, 03:34 PM
Next filing: Mar 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NBR	Common Stock	Award	$0	+964	+37.73%	$0.00	3.52K	Feb 11, 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
holding	NBR	2021 Warrants						1.02K	Feb 11, 2022	Common Stock	1.02K	$166.67	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock award vests in four (4) equal annual installments beginning on the first anniversary of the date of the award.
F2	Represents warrants that were originally issued on June 11, 2021 as a distribution to all holders of common shares. Each warrant entitles the holder to purchase one common share (plus an incentive share fraction, if any) at an exercise price of $166.66667 per warrant, subject to certain adjustments.