Stock-based Compensation and Outstanding Awards (Tables)

9 Months Ended

Sep. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Awards granted under the Plan as a result of the adjustment and substitution of the NOV Plan awards in connection with the Separation and a summary of stock option, RSU and RSA activity for the period from May 30, 2014, to September 30, 2014, are presented in the following table:


	Stock Options			RSUs / RSAs
	Awards			Awards
Outstanding as of May 30, 2014		3,599,654			1,034,055
Granted		—			—
Forfeited		—			—
Exercised or settled		(4,667	)		—
Expired or canceled		—			—

Outstanding as of June 30, 2014		3,594,987			1,034,055
Granted		—			169,014
Forfeited		(28,805	)		(6,194	)
Exercised or settled		(9,613	)		—
Expired or canceled		—			—

Outstanding as of September 30, 2014		3,556,569			1,196,875

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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