4//SEC Filing
Restrepo William J 4
Accession 0001163739-25-000017
CIK 0001163739other
Filed
Oct 5, 8:00 PM ET
Accepted
Oct 6, 12:19 PM ET
Size
23.7 KB
Accession
0001163739-25-000017
Insider Transaction Report
Form 4
Restrepo William J
Other
Transactions
- Exercise/Conversion
2023 Performance Share Units
2025-09-30−1,075→ 0 total→ Common Stock (1,075 underlying) - Exercise/Conversion
2024 Performance Share Units
2025-09-30−11,698→ 0 total→ Common Stock (11,698 underlying) - Tax Payment
Common Stock
2025-09-30$40.87/sh−4,013$164,011→ 120,320 total - Tax Payment
Common Stock
2025-09-30$40.87/sh−4,604$188,165→ 111,329 total - Tax Payment
Common Stock
2025-09-30$40.87/sh−7,074$289,114→ 113,246 total - Exercise/Conversion
Common Stock
2025-09-30+1,075→ 104,659 total - Tax Payment
Common Stock
2025-09-30$40.87/sh−9,662$394,886→ 103,584 total - Exercise/Conversion
Common Stock
2025-09-30+11,698→ 115,933 total - Tax Payment
Common Stock
2025-09-30$40.87/sh−424$17,329→ 104,235 total
Holdings
- 44,212
2021 Warrants
Exercise: $166.67From: 2021-06-11Exp: 2026-06-11→ Common Stock (44,212 underlying)
Footnotes (10)
- [F1]Mr. Restrepo retired on September 30, 2025. Pursuant to the Executive's employment agreement, upon a qualifying retirement, all unvested TSR Shares held by the reporting person vested in full on the retirement date.
- [F10]Performance restricted stock units convert into common shares on a 1-for-1 basis.
- [F2]Reflects the number of shares surrendered on September 30, 2025 to satisfy the tax withholding on the vesting of 10,196 TSR shares deemed earned at maximum out of a total of 10,196 shares originally granted to Mr. Restrepo on January 1, 2023, for the three-year performance period beginning on January 1, 2023 and ending on December 31, 2025, as determined on September 30, 2025 by the Compensation Committee in connection with Mr. Restrepo's retirement entitlement pursuant to his employment agreement. The remaining 6,183 deemed earned and vested shares were retained by the executive.
- [F3]Reflects the number of shares surrendered on September 30, 2025 to satisfy the tax withholding on the vesting of 17,975 TSR shares deemed earned at maximum out of a total of 17,975 shares originally granted to Mr. Restrepo on January 1, 2024, for the three-year performance period beginning on January 1, 2024 and ending on December 31, 2026, as determined on September 30, 2025 by the Compensation Committee in connection with Mr. Restrepo's retirement entitlement pursuant to his employment agreement. The remaining 10,901 deemed earned and vested shares were retained by the executive.
- [F4]Reflects the number of shares surrendered on September 30, 2025 to satisfy the tax withholding on the vesting of 24,554 TSR shares deemed earned at maximum out of a total of 24,554 shares originally granted to Mr. Restrepo on January 1, 2025, for the three-year performance period beginning on January 1, 2025 and ending on December 31, 2027, as determined on September 30, 2025 by the Compensation Committee in connection with Mr. Restrepo's retirement entitlement pursuant to his employment agreement. The remaining 14,892 deemed earned and vested shares were retained by the executive.
- [F5]Mr. Restrepo retired on September 30, 2025. Pursuant to the Executive's employment agreement, upon a qualifying retirement, all unvested performance stock units ("PSUs") held by the reporting person vested in full on the retirement date.
- [F6]Reflects the vesting of 1,075 PSUs on September 30, 2025 in connection with Mr. Restrepo's retirement in accordance with his employment agreement, which represents the number of PSUs that were earned in respect of the 3,225 PSUs originally granted on January 1, 2023, which 1,075 PSUs remained subject to time-vesting requirements
- [F7]Reflects the number of shares surrendered on September 30, 2025 to satisfy the tax withholding on the vesting and issuance of 1,075 shares of the 3,225 PSUs originally granted on January 1, 2023. The remaining 651 vested shares were retained by the executive.
- [F8]Reflects the vesting of 11,698 PSUs on September 30, 2025 in connection with Mr. Restrepo's retirement in accordance with his employment agreement, which represents the number of PSUs that were earned in respect of the 17,547 PSUs originally granted on January 1, 2024, which 11,698 PSUs remained subject to time-vesting requirements.
- [F9]Reflects the number of shares surrendered on September 30, 2025 to satisfy the tax withholding on the vesting and issuance of 11,698 shares of the 17,547 PSUs originally granted on January 1, 2024. The remaining 7,094 vested shares were retained by the executive.
Documents
Issuer
NABORS INDUSTRIES LTD
CIK 0001163739
Entity typeother
Related Parties
1- filerCIK 0001334321
Filing Metadata
- Form type
- 4
- Filed
- Oct 5, 8:00 PM ET
- Accepted
- Oct 6, 12:19 PM ET
- Size
- 23.7 KB