Sec Form 3/A Filing - Munson Kelly T. @ NOW Inc. - 2021-01-01

Insider filing report for Changes in Beneficial Ownership
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FORM 3/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Munson Kelly T.
2. Issuer Name and Ticker or Trading Symbol
NOW Inc. [ DNOW]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
See Remarks
(Last) (First) (Middle)
C/O NOW INC., 7402 NORTH ELDRIDGE PARKWAY
3. Date of Earliest Transaction (MM/DD/YY)
01/01/2021
(Street)
HOUSTON, TX77041
4. If Amendment, Date Original Filed (MM/DD/YY)
01/08/2021
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common stock 2,191 D
Common stock 156 I By 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to buy) $ 35.53 ( 1 ) 02/22/2022 Common stock 2,185 D
Stock Options (right to buy) $ 22.44 ( 2 ) 02/24/2022 Common stock 4,500 D
Stock Options (right to buy) $ 31.433 ( 3 ) 02/25/2024 Common stock 3,018 D
Stock Options (right to buy) $ 13.71 ( 4 ) 02/19/2023 Common stock 7,500 D
Stock Options (right to buy) $ 20.64 ( 5 ) 02/21/2024 Common stock 5,250 D
Stock Options (right to buy) $ 9.9 ( 6 ) 02/20/2025 Common stock 10,000 D
Stock Options (right to buy) $ 15.3 ( 7 ) 02/19/2026 Common stock 3,965 D
Stock Options (right to buy) $ 9.53 ( 8 ) 02/21/2027 Common stock 20,985 D
Restricted Stock Award $ 0 02/20/2021 ( 12 ) Common stock ( 9 ) D
Restricted Stock Award $ 0 02/19/2022 ( 12 ) Common stock ( 10 ) D
Restricted Stock Award $ 0 02/21/2023 ( 12 ) Common stock ( 11 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Munson Kelly T.
C/O NOW INC.
7402 NORTH ELDRIDGE PARKWAY
HOUSTON, TX77041
See Remarks
Signatures
/s/ Raymond Chang, Attorney-in-Fact 01/08/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The stock options vested in three installments of 728, 729, and 728 on February 21, 2013, February 21, 2014, and February 21, 2015, respectively.
( 2 )The stock options vested in three installments of 1,500 on February 24, 2016, February 24, 2017, and February 24, 2018, respectively.
( 3 )The stock options vested in three installments of 1,004, 1,007, and 1,007 on February 25, 2015, Februa ry 25, 2016, and February 25, 2017, respectively.
( 4 )The stock options vested in three installments of 2,500 on February 19, 2017, February 19, 2018, and February 19, 2019, respectively.
( 5 )The stock options vested in three installments of 1,750 on February 21, 2018, February 21, 2019, and February 21, 2020, respectively.
( 6 )The stock options vest in three installments of 3,333, 3,333, and 3,334 on February 20, 2019, February 20, 2020, and February 2021, respectively.
( 7 )The stock options vest in three installments of 1,321, 1,322, and 1,322 on February 19, 2020, February 19, 2021, and February 19, 2022, respectively.
( 8 )The stock options will vest in three installments of 6,995 on February 21, 2021, February 21, 2022, and February 21, 2023, respectively.
( 9 )The Reporting Person's 1,450 restricted stock awards will vest on February 20, 2021.
( 10 )The Reporting Person's 1,567 restricted stock awards will vest on February 19, 2022.
( 11 )The Reporting Person's 7,760 restricted stock awards will vest on February 21, 2023.
( 12 )Each restricted stock award represents a contingent right to receive one share of NOW Inc. common stock.

Remarks:
The purpose of this filing to correct a typographical error in the Power of Attorney attached hereto as Exhibit 24.1.Chief Administrative and Information OfficerSee Exhibit 24.1 - Power of Attorney

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