Form Type: 4

SEC EDGAR Link
Accession Number:0000899243-21-008020
Date:2021-02-22
Issuer: NOV INC. (NOV)
Original Submission Date:

Reporting Person:

WILLIAMS CLAY C
7909 PARKWOOD CIRCLE DRIVE
HOUSTON, TX 77036

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-02-22 A 89,342 a $0.00 746,257 direct
COMMON STOCK 2021-02-22 F 35,157 d $15.00 711,100 direct
COMMON STOCK 2021-02-22 A 142,500 a $0.00 853,600 direct
COMMON STOCK 0 $0.00 30,000 indirect
COMMON STOCK 0 $0.00 45 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 15.0 2021-02-22 deemed execution date A 375,659 (a) 2031-02-23 common stock 375,659 $15.00 375,659 direct
Footnotes
IDfootnote
f1 represents the total number of shares that vested from the performance share awards granted to mr. williams on february 28, 2018.
f2 represents the number of shares withheld from the vesting of the performance share awards granted to mr. williams on february 28, 2018 to satisfy tax withholding liability.
f3 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.
f4 represents the number of shares equivalent of the issuer's common stock held by mr. williams under the nov inc. supplemental savings plan. the information in this report is based on mr. williams' account balance as of february 22, 2021.
f5 the option, awarded pursuant to the issuer's 2018 long-term incentive plan, representing a right to purchase a total of 375,659 shares, will become exercisable in three equal annual installments beginning on february 22, 2022, which will be the first anniversary of the date on which the option was granted.

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