| Accession Number: | 0000899243-21-008033 |
| Date: | 2021-02-22 |
| Issuer: | NOV INC. (NOV) |
| Original Submission Date: |
ROVIG JOSEPH W
7909 PARKWOOD CIRCLE DRIVE
HOUSTON, TX 77036
| Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | 2021-02-22 | A | 18,809 | a | $0.00 | 133,236 | direct | ||
| COMMON STOCK | 2021-02-22 | F | 4,580 | d | $15.00 | 128,656 | direct | ||
| COMMON STOCK | 2021-02-22 | A | 30,000 | a | $0.00 | 158,656 | direct | ||
| COMMON STOCK | 0 | $0.00 | 940 | indirect |
| 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 Exercisable | Expiration 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 | 79,086 (a) | 2031-02-23 | common stock 79,086 | $15.00 | 79,086 | direct |
| ID | footnote |
|---|---|
| f1 | represents the total number of shares that vested from the performance share awards granted to mr. rovig on february 28, 2018. |
| f2 | represents the number of shares withheld from the vesting of the performance share awards granted to mr. rovig 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 nov common stock held by mr. rovig under the nov inc. 401(k) plan. the information in this report is based on mr. rovig's 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 79,086 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. |
