0001127602-18-029148.txt : 20181002 0001127602-18-029148.hdr.sgml : 20181002 20181002171335 ACCESSION NUMBER: 0001127602-18-029148 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180928 FILED AS OF DATE: 20181002 DATE AS OF CHANGE: 20181002 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kotts John P CENTRAL INDEX KEY: 0001582064 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32657 FILM NUMBER: 181102475 MAIL ADDRESS: STREET 1: C/O NABORS CORPORATE SERVICES, INC. STREET 2: 515 W. GREENS RD., SUITE 1200 CITY: HOUSTON STATE: TX ZIP: 77067 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NABORS INDUSTRIES LTD CENTRAL INDEX KEY: 0001163739 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 980363970 STATE OF INCORPORATION: D0 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: CROWN HOUSE STREET 2: 4 PAR-LA-VILLE ROAD SECOND FLOOR CITY: HAMILTON, HM08 STATE: D0 ZIP: 0000 BUSINESS PHONE: 2464219471 MAIL ADDRESS: STREET 1: P O BOX HM3349 CITY: HAMILTON, HMPX STATE: D0 ZIP: 0000 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2018-09-28 0001163739 NABORS INDUSTRIES LTD NBR 0001582064 Kotts John P C/O NABORS CORPORATE SERVICES, INC. 515 WEST GREENS RD. HOUSTON TX 77067 1 Stock Options (Right to Buy) 6.16 2018-09-28 4 A 0 25542 2.1533 A 2018-09-28 2028-09-28 Common Stock 25542 25542 D 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 $2.1533 per share. The options are fully vested as of the date of grant, and have an exercise price of $6.16 per share, which is the market price of Nabors' common shares on the date of grant. /s/ Mark D. Andrews by Power of Attorney for John P. Kotts 2018-10-02