0001127602-23-000201.txt : 20230103 0001127602-23-000201.hdr.sgml : 20230103 20230103175047 ACCESSION NUMBER: 0001127602-23-000201 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221230 FILED AS OF DATE: 20230103 DATE AS OF CHANGE: 20230103 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: 23503575 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: 4412921510 MAIL ADDRESS: STREET 1: P O BOX HM3349 CITY: HAMILTON, HMPX STATE: D0 ZIP: 0000 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2022-12-30 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) 154.87 2022-12-30 4 A 0 368 115.4407 A 2022-12-30 2032-12-30 Common Stock 368 368 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 $42,500 by the option price on the date of grant calculated in accordance with the Black-Scholes valuation model, or $115.4407 per share. The options are fully vested as of the date of grant, and have an exercise price of $154.87 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 2023-01-03