BLANCHARD ROBERT W 4
4 · NATIONAL OILWELL VARCO INC · Filed Feb 22, 2011
Insider Transaction Report
Form 4
BLANCHARD ROBERT W
VP Cntrlr Chf Acctg Offcr
Transactions
- Exercise/Conversion
Common Stock
2011-02-22$25.96/sh+10,667$276,915→ 62,202 total - Exercise/Conversion
Common Stock
2011-02-22$44.07/sh+11,295$497,771→ 73,497 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-02-22−11,295→ 22,590 totalExercise: $44.07From: 2011-02-16Exp: 2020-02-17→ Common Stock (11,295 underlying) - Tax Payment
Common Stock
2011-02-22$79.80/sh−3,645$290,871→ 47,890 total - Sale
Common Stock
2011-02-22$81.60/sh−21,962$1,792,099→ 51,535 total - Award
Common Stock
2011-02-22+7,600→ 55,490 total - Award
Non-Qualified Stock Option (right to buy)
2011-02-22+20,550→ 20,550 totalExercise: $79.80From: 2012-02-22Exp: 2021-02-23→ Common Stock (20,550 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-02-22−10,667→ 10,667 totalExercise: $25.96From: 2010-02-20Exp: 2019-02-21→ Common Stock (10,667 underlying)
Footnotes (2)
- [F1]Represents the number of shares withheld from the vesting of performance-based restricted stock shares to satisfy tax withholding liability.
- [F2]Options vest in three (3) equal annual installments commencing on the date indicated.