SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Livingston Scott B.

(Last) (First) (Middle)
C/O NOV INC.
10353 RICHMOND AVE.

(Street)
HOUSTON TX 77042

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2024
3. Issuer Name and Ticker or Trading Symbol
NOV Inc. [ NOV ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 38,024 D
Common Stock 7,500(1) D
Common Stock 13,448(2) D
Common Stock 15,510(3) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) (4) 02/26/2024 Common Stock 6,876 68.997 D
Non-Qualified Stock Option (right to buy) (5) 02/26/2025 Common Stock 25,900 54.74 D
Non-Qualified Stock Option (right to buy) (6) 02/23/2027 Common Stock 14,790 38.86 D
Non-Qualified Stock Option (right to buy) (7) 02/25/2026 Common Stock 39,240 34.32 D
Non-Qualified Stock Option (right to buy) (8) 02/29/2028 Common Stock 15,615 35.09 D
Non-Qualified Stock Option (right to buy) (9) 02/28/2029 Common Stock 14,835 28.72 D
Non-Qualified Stock Option (right to buy) (10) 02/26/2030 Common Stock 17,367 20.23 D
Non-Qualified Stock Option (right to buy) (11) 02/23/2031 Common Stock 19,772 15 D
Non-Qualified Stock Option (right to buy) (12) 02/16/2032 Common Stock 18,000 16.73 D
Non-Qualified Stock Option (right to buy) (13) 02/24/2033 Common Stock 11,538 21.76 D
Explanation of Responses:
1. Represents the remaining unvested portion of time-based restricted stock granted on 02/22/2021 pursuant to the Issuer's NOV Inc. Long-Term Inventive Plan (the "Plan"), which began vesting in three equal annual installments on the first anniversary of the date of grant.
2. Represents the remaining unvested portion of time-based restricted stock units granted on 02/15/2022 pursuant to the Plan, which began vesting in three equal annual installments on the first anniversary of the date of grant.
3. Represents an equity award of time-based restricted stock units granted on 02/23/2023 pursuant to the Plan, which will vest in three equal annual installments commencing on the first anniversary of the date of grant.
4. This option is exercisable in three equal annual installments beginning on 02/25/2015.
5. This option is exercisable in three equal annual installments beginning on 02/25/2016.
6. This option is exercisable in three equal annual installments beginning on 02/22/2018.
7. This option is exercisable in three equal annual installments beginning on 02/24/2017 for the first installment, 12/20/2017 for the second installment, and 02/24/2019 for the third installment.
8. This option is exercisable in three equal annual installments beginning on 02/28/2019.
9. This option is exercisable in three equal annual installments beginning on 02/27/2020.
10. This option is exercisable in three equal annual installments beginning on 02/25/2021.
11. This option is exercisable in three equal annual installments beginning on 02/22/2022.
12. This option is exercisable in three equal annual installments beginning on 02/15/2023.
13. This option is exercisable in three equal annual installments beginning on 02/23/2024.
Remarks:
The reporting person's title is President - Energy Products and Services.
/s/ Brigitte M. Hunt, Attorney-in-Fact for the reporting person. 01/03/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
POWER OF ATTORNEY

Know all by these presents that the
undersigned hereby constitutes and appoints
each of Craig L. Weinstock and Brigitte
M. Hunt, or either of them signing singly,
and with full power of substitution, the
undersigned's true and lawful
attorney-in-fact to:

(1) execute for and on behalf of the
undersigned, in the undersigned's capacity as
an officer and/or director of NOV Inc.
(the "Company"), Forms 3, 4, and 5 in accordance
with Section 16(a) of the Securities Exchange
Act of 1934 and the rules thereunder;

(2) do and perform any and all acts for
and on behalf of the undersigned which may
be necessary or desirable to complete and
execute any such Form 3, 4, or 5, complete
and execute any amendment or amendments thereto,
and timely file such form with the United States
Securities and Exchange Commission and any
stock exchange or similar authority; and

(3) take any other action of any type
whatsoever in connection with the
foregoing which, in the opinion of the
attorney-in-fact, may be of benefit to, in
the best interest of, or legally required
by, the undersigned, it being understood
that the documents executed by such
attorney-in-fact on behalf of the
undersigned pursuant to this Power of
Attorney shall be in such form and shall
contain such terms and conditions as such
attorney-in-fact may approve in such
attorney-in-fact's discretion.

The undersigned hereby grants to each such
attorney-in-fact full power and authority
to do and perform any and every act and
thing whatsover requisite, necessary, or
proper to be done in the exercise of any of
the rights and powers herein granted, as
fully to all intents and purposes as the
undersigned might or could do if personally
present, with full power of substitution or
revocation, hereby ratifying and confirming
all that such attorney-in-fact, or such
attorney-in-fact's substitute or substitutes,
shall lawfully do or cause to be done by
virtue of this power of attorney and the
rights and powers herein granted.  The
undersigned acknowledges that the foregoing
attorneys-in-fact, in serving in such
capacity at the request of the undersigned,
are not assuming, nor is the Company assuming,
any of the undersigned's responsibilities to
comply with Section 16 of the Securities
Exchange Act of 1934.

This Power of Attorney shall remain in full
force and effect until the undersigned is no
longer required to file Forms 3, 4, and 5 with
respect to the undersigned's holdings of and
transactions in securities issued by the
Company, unless earlier revoked by the
undersigned in a signed writing delivered to
the foregoing attorneys-in-fact. This Power
of Attorney supersedes all previous Powers
of Attorney relating to the subject matter
hereof.

IN WITNESS WHEREOF, the undersigned has
caused this Power of Attorney to be executed as
of this 13th day of December 2023.

/s/ Scott B. Livingston