4//SEC Filing
Kotts John P 4
Accession 0001127602-19-023787
CIK 0001163739other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 7:30 PM ET
Size
5.6 KB
Accession
0001127602-19-023787
Insider Transaction Report
Form 4
Kotts John P
Director
Transactions
- Award
Stock Options (Right to Buy)
2019-06-28$1.21/sh+37,323$45,000→ 37,323 totalExercise: $2.90From: 2019-06-28Exp: 2029-06-28→ Common Stock (37,323 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 $1.2057 per share. The options are fully vested as of the date of grant, and have an exercise price of $2.90 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
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 7:30 PM ET
- Size
- 5.6 KB