SEC Form 4 · accession 0001209191-16-109894
Helmerich & Payne, Inc. · HP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hans Helmerich
Director
Period of report
Mar 21, 2016
Accepted (ET)
Mar 22, 2016 · 10:56 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000046765
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 21, 2016 | M | 50,000 | $26.895 | A | 899,879 | D | |
| Common Stock | Mar 21, 2016 | F | 32,675 | $62.315 | D | 867,204 | D | |
| Common StockF1 | Mar 21, 2016 | S | 40,000 | $60.88 | D | 1,565,915 | I | Family Trust |
| Common StockF2 | holding | — | — | — | 37,470 | I | By Spouse | |
| Common Stock | holding | — | — | — | 21,438 | I | 401(k) Plan | |
| Common Stock | holding | — | — | — | 33,600 | I | Family Trusts |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $26.895 | Mar 21, 2016 | M | 50,000 | D | Dec 5, 2007 | Dec 5, 2016 | Common Stock | 50,000 | 70,000 | D |
Explanation of responses
- F1The price in this column is the weighted average sale price for the transactions reported. The prices ranged from $60.51 to $61.22. The reporting person will provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold by the trust at each separate price.
- F2The reporting person disclaims beneficial ownership of the shares, and this report should not be deemed an admission that the reporting person is the beneficial owner of the shares for purposes of Section 16 or otherwise.