X0306 4 2017-02-22 0 0001021860 NATIONAL OILWELL VARCO INC NOV 0001424099 Bayardo Jose A 7909 PARKWOOD CIRCLE DRIVE HOUSTON TX 77036 0 1 0 0 See Remarks Common Stock 2017-02-22 4 A 0 30000 0.00 A 125735 D Non-Qualified Stock Option (right to buy) 38.86 2017-02-22 4 A 0 118260 0.00 A 2027-02-23 Common Stock 118260 118260 D An equity award of time-based restricted stock pursuant to the Issuer's Long-Term Incentive Plan, which will vest in three equal annual installments commencing on the first anniversary of the date of the grant. The option, awarded pursuant to the Issuer's Long-Term Incentive Plan, representing a right to purchase a total of 118,260 shares, will become exercisable in three equal annual installments beginning on February 22, 2018, which will be the first anniversary of the date on which the option was granted. Senior VP and Chief Financial Officer By: Brigitte M. Hunt For: Jose A. Bayardo 2017-02-24