4//SEC Filing
Kotts John P 4
Accession 0001127602-19-000760
CIK 0001163739other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:46 PM ET
Size
5.5 KB
Accession
0001127602-19-000760
Insider Transaction Report
Form 4
Kotts John P
Director
Transactions
- Award
Stock Options (Right to Buy)
2018-12-31$0.84/sh+65,212$55,000→ 65,212 totalExercise: $2.00From: 2018-12-31Exp: 2028-12-31→ Common Stock (65,212 underlying)
Footnotes (1)
- [F1]The Reporting Person elected to receive stock options in lieu of the quarterly cash payment he would normally receive as a Nabors director. The number of options was determined by dividing the foregone cash payment of $55,000 by the option price on the date of grant calculated in accordance with the Black-Scholes valuation model, or $0.8434 per share. The options are fully vested as of the date of grant, and have an exercise price of $2.00 per share, which is the market price of Nabors' common shares on the date of grant.
Documents
Issuer
NABORS INDUSTRIES LTD
CIK 0001163739
Entity typeother
Related Parties
1- filerCIK 0001582064
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:46 PM ET
- Size
- 5.5 KB