SEC Form 4 · accession 0001209191-16-154738
Helmerich & Payne, Inc. · HP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Juan Pablo Tardio
Officer — VP & CFO
Period of report
Dec 9, 2016
Accepted (ET)
Dec 12, 2016 · 5:22 pm EST
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 | Dec 9, 2016 | M | 2,500 | $47.935 | A | 31,630 | D | |
| Common Stock | Dec 9, 2016 | M | 19,500 | $54.18 | A | 51,130 | D | |
| Common Stock | Dec 9, 2016 | M | 14,000 | $58.25 | A | 65,130 | D | |
| Common StockF1 | Dec 9, 2016 | S | 36,000 | $81.306 | D | 29,130 | D | |
| Common Stock | holding | — | — | — | 1,120 | I | 401(k) account |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $47.935 | Dec 9, 2016 | M | 2,500 | D | Dec 7, 2011 | Dec 7, 2020 | Common Stock | 2,500 | 0 | D |
| Stock Option (right to buy)F2 | $54.18 | Dec 9, 2016 | M | 19,500 | D | Dec 4, 2013 | Dec 4, 2022 | Common Stock | 19,500 | 0 | D |
| Stock Option (right to buy)F3 | $58.25 | Dec 9, 2016 | M | 14,000 | D | Nov 30, 2016 | Nov 30, 2025 | Common Stock | 14,000 | 42,000 | D |
Explanation of responses
- F1The noted price is the weighted average sale price for all sales. The range of prices for the transactions were as follows: $80.95 to $81.745. The reporting person undertakes to provide upon request of the SEC staff, the issuer or a stockholder of the issuer, full information regarding the number of shares sold at each separate price.
- F2The options vested over 4 years in 25% increments. The noted date represents the date options first began to vest.
- F3The options vest over 4 years in 25% increments. The noted date represents the date options first began to vest.