4//SEC Filing
Andrews Mark D 4
Accession 0001163739-26-000012
CIK 0001163739other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 8:56 AM ET
Size
11.8 KB
Accession
0001163739-26-000012
Insider Transaction Report
Form 4
Andrews Mark D
SECRETARY
Transactions
- Disposition to Issuer
Common Stock
2025-12-31−1,582→ 18,113 total - Exercise/Conversion
Common Stock
2026-01-01+1,642→ 19,755 total - Award
2023 Long Term Performance Share Units
2026-01-01+1,642→ 1,642 total→ Common Stock (1,642 underlying) - Exercise/Conversion
2023 Long Term Performance Share Units
2026-01-01−1,642→ 0 total→ Common Stock (1,642 underlying)
Footnotes (4)
- [F1]Represents the number of TSR shares forfeited on December 31, 2025, out of a total of 1,582 TSR shares originally granted to the Reporting Person on February 14, 2023, based on the Issuer's relative total shareholder return as compared to a peer group of companies during the three-year performance period beginning on January 1, 2023 and ending on December 31, 2025, as determined on December 31, 2025, by the Compensation Committee of the Issuer's Board of Directors (the "Compensation Committee").
- [F2]Represents the aggregate number of Long Term 2023 Performance restricted stock units originally granted on May 18, 2023, the vesting of which was subject to the achievement of certain ROIC performance criteria, that have been earned as a result of the achievement of the applicable performance criteria. All of such shares have fully vested as of January 1, 2026.
- [F3]Performance restricted stock units convert into common shares on a 1-for-1 basis.
- [F4]On May 18, 2023, the Reporting Person was granted Performance restricted stock units, the vesting of which is subject to the achievement of certain ROIC performance criteria for a three year performance period beginning on January 1, 2023 and ending on December 31, 2025. The number of shares reported in this line item represents the number of Performance restricted stock units that were earned as a result of the achievement of such performance criteria.
Documents
Issuer
NABORS INDUSTRIES LTD
CIK 0001163739
Entity typeother
Related Parties
1- filerCIK 0001414596
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 8:56 AM ET
- Size
- 11.8 KB