SEC Form 4 · accession 0001209191-16-125225
Helmerich & Payne, Inc. · HP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chapman Paula Marshall
Director
Period of report
Jun 1, 2016
Accepted (ET)
Jun 2, 2016 · 5:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000046765
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2,F3 | — | Jun 1, 2016 | A | 11 | A | — | — | Common Stock | 11 | 933 | D |
Explanation of responses
- F1Phantom shares relate to the Helmerich & Payne, Inc. Director Deferred Compensation Plan.
- F21-for-1.
- F3The shares of phantom stock become payable, in cash only, at the election of the reporting person either (1) in a lump sum payable no later than 60 days following the termination of the reporting person's service as director or (2) in annual installments for a period of 'x' years (not to exceed 10).