SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Livingston Scott B.

(Last) (First) (Middle)
C/O NOV INC.
10353 RICHMOND AVE.

(Street)
HOUSTON TX 77042

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2024
3. Issuer Name and Ticker or Trading Symbol
NOV Inc. [ NOV ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 38,024 D
Common Stock 7,500(1) D
Common Stock 13,448(2) D
Common Stock 15,510(3) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) (4) 02/26/2024 Common Stock 6,876 $68.997 D
Non-Qualified Stock Option (right to buy) (5) 02/26/2025 Common Stock 25,900 $54.74 D
Non-Qualified Stock Option (right to buy) (6) 02/23/2027 Common Stock 14,790 $38.86 D
Non-Qualified Stock Option (right to buy) (7) 02/25/2026 Common Stock 39,240 $34.32 D
Non-Qualified Stock Option (right to buy) (8) 02/29/2028 Common Stock 15,615 $35.09 D
Non-Qualified Stock Option (right to buy) (9) 02/28/2029 Common Stock 14,835 $28.72 D
Non-Qualified Stock Option (right to buy) (10) 02/26/2030 Common Stock 17,367 $20.23 D
Non-Qualified Stock Option (right to buy) (11) 02/23/2031 Common Stock 19,772 $15 D
Non-Qualified Stock Option (right to buy) (12) 02/16/2032 Common Stock 18,000 $16.73 D
Non-Qualified Stock Option (right to buy) (13) 02/24/2033 Common Stock 11,538 $21.76 D
Explanation of Responses:
1. Represents the remaining unvested portion of time-based restricted stock granted on 02/22/2021 pursuant to the Issuer's NOV Inc. Long-Term Inventive Plan (the "Plan"), which began vesting in three equal annual installments on the first anniversary of the date of grant.
2. Represents the remaining unvested portion of time-based restricted stock units granted on 02/15/2022 pursuant to the Plan, which began vesting in three equal annual installments on the first anniversary of the date of grant.
3. Represents an equity award of time-based restricted stock units granted on 02/23/2023 pursuant to the Plan, which will vest in three equal annual installments commencing on the first anniversary of the date of grant.
4. This option is exercisable in three equal annual installments beginning on 02/25/2015.
5. This option is exercisable in three equal annual installments beginning on 02/25/2016.
6. This option is exercisable in three equal annual installments beginning on 02/22/2018.
7. This option is exercisable in three equal annual installments beginning on 02/24/2017 for the first installment, 12/20/2017 for the second installment, and 02/24/2019 for the third installment.
8. This option is exercisable in three equal annual installments beginning on 02/28/2019.
9. This option is exercisable in three equal annual installments beginning on 02/27/2020.
10. This option is exercisable in three equal annual installments beginning on 02/25/2021.
11. This option is exercisable in three equal annual installments beginning on 02/22/2022.
12. This option is exercisable in three equal annual installments beginning on 02/15/2023.
13. This option is exercisable in three equal annual installments beginning on 02/23/2024.
Remarks:
The reporting person's title is President - Energy Products and Services.
/s/ Brigitte M. Hunt, Attorney-in-Fact for the reporting person. 01/03/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.