Home/Filings/4/0001127602-18-000744
4//SEC Filing

Skattum Dag 4

Accession 0001127602-18-000744

CIK 0001163739other

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 5:39 PM ET

Size

5.6 KB

Accession

0001127602-18-000744

Insider Transaction Report

Form 4
Period: 2017-12-29
Skattum Dag
Director
Transactions
  • Award

    Stock Options (Right to Buy)

    2017-12-29$2.25/sh+18,380$41,41418,380 total
    Exercise: $6.83From: 2017-12-29Exp: 2027-12-29Common Stock (18,380 underlying)
Footnotes (1)
  • [F1]The Reporting Person elected to receive stock options in lieu of the quarterly cash payment he would normally receive as a Nabors director. The number of options was determined by dividing the foregone cash payment of $41,413 by the option price on the date of grant calculated in accordance with the Black-Scholes valuation model, or $2.2532 per share. The options are fully vested as of the date of grant, and have an exercise price of $6.83 per share, which is the closing price of Nabors' common shares on the date of grant.

Issuer

NABORS INDUSTRIES LTD

CIK 0001163739

Entity typeother

Related Parties

1
  • filerCIK 0001609972

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 5:39 PM ET
Size
5.6 KB