SEC Form 4 · accession 0001209191-17-063044
Helmerich & Payne, Inc. · HP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hans Helmerich
Director
Period of report
Nov 29, 2017
Accepted (ET)
Nov 30, 2017 · 5:04 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 | Nov 29, 2017 | M | 110,000 | $35.105 | A | 967,849 | D | |
| Common StockF1 | Nov 29, 2017 | F | 85,113 | $57.03 | D | 882,736 | D | |
| Common Stock | holding | — | — | — | 1,515,915 | I | Family Trust | |
| Common StockF2 | holding | — | — | — | 27,470 | 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)F3 | $35.105 | Nov 29, 2017 | M | 110,000 | D | Dec 4, 2008 | Dec 4, 2017 | Common Stock | 110,000 | 0 | D |
Explanation of responses
- F11,699 shares have been added (relative to the last Form 4 filed by the reporting person) as the prior Form 4 was inadvertently understated.
- 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.
- F3The options vested over 4 years. The noted date is the date options first began to vest.