4//SEC Filing
Skattum Dag 4
Accession 0001127602-18-013862
CIK 0001163739other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 6:43 PM ET
Size
5.6 KB
Accession
0001127602-18-013862
Insider Transaction Report
Form 4
Skattum Dag
Director
Transactions
- Award
Stock Options (Right to Buy)
2018-03-29$2.49/sh+16,057$40,000→ 16,057 totalExercise: $6.99From: 2018-03-29Exp: 2028-03-29→ Common Stock (16,057 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 $40,000 by the option price on the date of grant calculated in accordance with the Black-Scholes valuation model, or $2.4911 per share. The options are fully vested as of the date of grant, and have an exercise price of $6.99 per share, which is the closing price of Nabors' common shares on the date of grant.
Documents
Issuer
NABORS INDUSTRIES LTD
CIK 0001163739
Entity typeother
Related Parties
1- filerCIK 0001609972
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 6:43 PM ET
- Size
- 5.6 KB