4//SEC Filing
Kotts John P 4
Accession 0001127602-19-014213
CIK 0001163739other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 4:52 PM ET
Size
5.6 KB
Accession
0001127602-19-014213
Insider Transaction Report
Form 4
Kotts John P
Director
Transactions
- Award
Stock Options (Right to Buy)
2019-03-29$1.47/sh+30,639$44,999→ 30,639 totalExercise: $3.44From: 2019-03-29Exp: 2029-03-29→ Common Stock (30,639 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 $45,000 by the option price on the date of grant calculated in accordance with the Black-Scholes valuation model, or $1.4687 per share. The options are fully vested as of the date of grant, and have an exercise price of $3.44 per share, which is the market price of Nabors' common shares on the date of grant.
Documents
Issuer
NABORS INDUSTRIES LTD
CIK 0001163739
Entity typeother
Related Parties
1- filerCIK 0001582064
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 4:52 PM ET
- Size
- 5.6 KB