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