0001127602-18-000752.txt : 20180103 0001127602-18-000752.hdr.sgml : 20180103 20180103174624 ACCESSION NUMBER: 0001127602-18-000752 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171229 FILED AS OF DATE: 20180103 DATE AS OF CHANGE: 20180103 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: 18507062 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 2017-12-29 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) 6.83 2017-12-29 4 A 0 24410 2.2532 A 2017-12-29 2027-12-29 Common Stock 24410 24410 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 $2.2532 per share. The options are fully vested as of the date of grant, and have an exercise price of $6.83 per share, which is the closing price of Nabors' common shares on the date of grant. /s/ Mark D. Andrews by Power of Attorney for John P. Kotts 2018-01-03