Duff Scott K. 4
4 · NATIONAL OILWELL VARCO INC · Filed Feb 26, 2020
Insider Transaction Report
Form 4
Duff Scott K.
VP, Corp. Controller, CAO
Transactions
- Award
Common Stock
2020-02-25+20,020→ 76,962 total - Award
Common Stock
2020-02-25+30,000→ 64,247 total - Tax Payment
Common Stock
2020-02-25$20.23/sh−7,305$147,780→ 56,942 total - Award
Non-Qualified Stock Option (right to buy)
2020-02-25+69,468→ 69,468 totalExercise: $20.23Exp: 2030-02-26→ Common Stock (69,468 underlying)
Footnotes (4)
- [F1]Represents the total number of shares that vested from the performance share awards granted to Mr. Duff on February 22, 2017.
- [F2]Represents the number of shares withheld from the vesting of the performance share awards granted to Mr. Duff on February 22, 2017 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]The option, awarded pursuant to the Issuer's 2018 Long-Term Incentive Plan, representing a right to purchase a total of 69,468 shares, will become exercisable in three equal annual installments beginning on February 25, 2021, which will be the first anniversary of the date on which the option was granted.