4//SEC Filing
Restrepo William J 4
Accession 0001163739-26-000014
CIK 0001163739other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 9:02 AM ET
Size
13.3 KB
Accession
0001163739-26-000014
Insider Transaction Report
Form 4
Restrepo William J
Other
Transactions
- Exercise/Conversion
Common Stock
2026-01-01+17,105→ 128,434 total - Tax Payment
Common Stock
2026-01-01$54.30/sh−4,343$235,825→ 124,091 total - Award
2025 Performance Share Units
2026-01-01+17,105→ 17,105 total→ Common Stock (17,105 underlying) - Exercise/Conversion
2025 Performance Share Units
2026-01-01−17,105→ 0 total→ Common Stock (17,105 underlying)
Holdings
- 44,212
2021 Warrants
Exercise: $166.67From: 2021-06-11Exp: 2026-06-11→ Common Stock (44,212 underlying)
Footnotes (4)
- [F1]Reflects the number of shares vesting on January 1, 2026 in respect of the 17,105 earned and vested Performance restricted stock units originally granted on January 1, 2025.
- [F2]Reflects the number of shares surrendered on January 1, 2026 to satisfy the tax withholding on the vesting and issuance of 17,105 shares of the 17,105 Performance restricted stock units originally granted on January 1, 2025. The remaining 12,762 vested performance shares were retained by Mr. Restrepo.
- [F3]Performance restricted stock units convert into common shares on a 1-for-1 basis.
- [F4]These Performance restricted stock units were earned by Mr. Restrepo pursuant to his employment agreement and the terms therein upon his qualifying retirement on October 1, 2025 as Chief Financial Officer, based on the achievement of certain objectives for the year 2025, as determined on December 31, 2025, by the Compensation Committee. 185.78% of the target number of performance restricted stock units granted pursuant to the terms of Mr. Restrepo's employment agreement were determined to have been earned, subject to proration to reflect the partial year of employment. The number reported above reflects the number of earned performance restricted stock units, prorated through September 30, 2025, that are payable in share-settled restricted stock units. The Performance restricted stock units that settle in shares are scheduled to fully vest, in accordance with Mr. Restrepo's employment agreement, on the first anniversary of the date of grant, January 1, 2026.
Documents
Issuer
NABORS INDUSTRIES LTD
CIK 0001163739
Entity typeother
Related Parties
1- filerCIK 0001334321
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 9:02 AM ET
- Size
- 13.3 KB