WHITMAN MARTIN J 4
4 · NABORS INDUSTRIES LTD · Filed Dec 6, 2010
Insider Transaction Report
Form 4
WHITMAN MARTIN J
Director
Transactions
- Exercise/Conversion
Common Stock
2010-12-03$22.77/sh+45,000$1,024,875→ 11,501,038 total - Tax Payment
Common Stock
2010-12-03$23.59/sh−43,445$1,024,868→ 11,457,593 total - Exercise/Conversion
Stock Options (Right to Buy)
2010-12-03−45,000→ 0 totalExercise: $22.77From: 2001-12-04Exp: 2010-12-04→ Common Stock (45,000 underlying)
Footnotes (1)
- [F1]The shares listed include 193,038 shares owned by M. J. Whitman & Co., Inc. and 11,090,000 shares owned by Third Avenue Value Fund. Mr. Whitman is a majority shareholder in M. J. Whitman & Co., Inc. and has sole voting and dispositive power with respect to shares owned by such company. Mr. Whitman is co-portfolio manager of Third Avenue Value Fund. He has shared voting and dispositive power, but disclaims beneficial ownership, with respect to shares owned by that fund.