REESE MARK A 4
4 · NATIONAL OILWELL VARCO INC · Filed Feb 22, 2011
Insider Transaction Report
Form 4
REESE MARK A
Group President
Transactions
- Exercise/Conversion
Common Stock
2011-02-22$25.96/sh+13,333$346,125→ 61,099 total - Award
Non-Qualified Stock Option (right to buy)
2011-02-22+24,300→ 24,300 totalExercise: $79.80From: 2012-02-22Exp: 2021-02-23→ Common Stock (24,300 underlying) - Award
Common Stock
2011-02-22+9,000→ 53,121 total - Tax Payment
Common Stock
2011-02-22$79.80/sh−3,645$290,871→ 44,121 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-02-22−13,333→ 13,334 totalExercise: $25.96From: 2010-02-20Exp: 2019-02-21→ Common Stock (13,333 underlying) - Sale
Common Stock
2011-02-22$80.00/sh−13,333$1,066,640→ 47,766 total
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.