X0306 4 2015-02-20 0001163739 NABORS INDUSTRIES LTD NBR 0001334321 Restrepo William J C/O NABORS CORPORATE SERVICES, INC. 515 W. GREENS RD., SUITE 1200 HOUSTON TX 77067 1 Chief Financial Officer Common Stock 2015-02-20 4 A 0 53586 0 A 456152 D These performance shares were earned pursuant to Mr. Restrepo's employment agreement based upon the achievement of certain objectives for the year 2014. The shares are scheduled to vest in three (3) equal installments beginning on the first anniversary of the date of the award. /s/ Lisa Wysocki by Power of Attorney for William Restrepo 2015-02-24