- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2019-03-01 18:18:35
- Reporting Period:
- Accepted Time:
- 2019-03-01 18:18:35
- SEC Url:
- Form 4 Filing
|Cik||Name||Symbol||Sector (SIC)||IRS No|
|1021860||National Oilwell Varco Inc||NOV||Oil & Gas Field Machinery & Equipment (3533)||760475815|
|Cik||Name||Reported Address||Insider Title||Director||Officer||Large Shareholder||Other|
|1614165||K. Scott Duff||7909 Parkwood Circle Drive |
Houston TX 77036
|Vp Cntrlr Chf Acctg Offcr||No||Yes||No||No|
|Sec. Name||Acquisiton - Disposition||Date||Amount||Price||Remaning Holdings||Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Sec. Name||Sec. Type||Acquisiton - Disposition||Date||Amount||Price||Amount - 2||Price - 2|
|Common Stock||Non-Qualified Stock Option (right to buy)||Acquisiton||2019-02-27||59,341||$0.00||59,341||$28.72|
|Remaning Holdings||Exercise Date||Expiration Date||Equity Swap Involved||Transaction Form Type||Transaction Code||Nature of Ownership|
|Sec. Name||Remaning Holdings||Nature of Ownership||Explanation|
|Common Stock||5,892||Indirect||by 401(K) Plan|
- Represents the total number of shares that vested from the performance share awards granted to Mr. Duff on February 24, 2016.
- Represents the number of shares withheld from the vesting of the performance share awards granted to Mr. Duff on February 24, 2016 to satisfy tax withholding liability.
- An equity award of time-based restricted stock pursuant to the Issuer's 2018 Long-Term Incentive Plan, which will vest in three equal annual installments commencing on the first anniversary of the date of the grant.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.83 to $ 28.17, inclusive.
- Represents the number of shares withheld from the vesting of time-based restricted stock (granted on February 28, 2018) to satisfy tax withholding liability.
- Represents the number of shares equivalent of NOV common stock held by Mr. Duff under the National Oilwell Varco, Inc. 401(k) Plan. The information in this report is based on Mr. Duff's account balance as of February 27, 2019.
- The option, awarded pursuant to the Issuer's 2018 Long-Term Incentive Plan, representing a right to purchase a total of 59,341 shares, will become exercisable in three equal annual installments beginning on February 27, 2020, which will be the first anniversary of the date on which the option was granted.