SEC Form 4/A · accession 0001209191-16-147564
Helmerich & Payne, Inc. · HP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Randy A Foutch
Director
Period of report
Sep 7, 2016
Accepted (ET)
Nov 1, 2016 · 10:02 am 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 | — | Sep 7, 2016 | A | 379 | A | — | — | Common Stock | 379 | 14,764 | 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 a director or (2) in annual installments for a period of 'x' years (not to exceed 10).
Remarks
This Form 4 is filed solely to correct an inadvertent miscalculation of the number of phantom shares acquired by the reporting person under the registrant's director deferred compensation plan on 9/7/16. The entire line item in Table II is being restated. No other changes to the Form 4 have been made by this amendment.