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Nabors Energy Transition Sponsor LLC 3

Accession 0001104659-21-140193

CIK 0001854458other

Filed

Nov 15, 7:00 PM ET

Accepted

Nov 16, 9:09 PM ET

Size

6.0 KB

Accession

0001104659-21-140193

Insider Transaction Report

Form 3
Period: 2021-11-16
Holdings
  • Class F Common Stock

    (indirect: See footnote)
    Class B Common Stock (6,725,000 underlying)
Footnotes (3)
  • [F1]The shares of Class F Common Stock are automatically convertible into shares of the Issuer's Class B Common Stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. Prior to and following the Issuer's initial business combination, the shares of Class B Common Stock will be convertible, at the option of the holder, into shares of the Issuer's Class A Common Stock.
  • [F2]Includes 900,000 shares of Class F Common Stock that are subject to forfeiture if the underwriters in the Issuer's initial public offering of units do not exercise their over-allotment option in full.
  • [F3]Nabors Energy Transition Sponsor LLC (the "Sponsor") is the record holder of the shares reported herein. The Sponsor is owned by Nabors Lux 2 S.a.r.l. and Greens Road Energy LLC, a Delaware limited liability company ("Greens Road"). Nabors Lux 2 S.a.r.l. is a wholly owned subsidiary of Nabors Industries Ltd., an affiliate of the Sponsor ("Nabors"). Mr. Petrello is the Chairman, President and Chief Executive Officer of Nabors. Greens Road is controlled by Anthony G. Petrello. As such, Nabors Lux 2 S.a.r.l., Greens Road and Anthony G. Petrello may be deemed to have or share beneficial ownership of the common stock held directly by the Sponsor.

Issuer

Nabors Energy Transition Corp.

CIK 0001854458

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001869933

Filing Metadata

Form type
3
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 9:09 PM ET
Size
6.0 KB