SEC Form 4 · accession 0001209191-18-032369
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
May 18, 2018
Accepted (ET)
May 22, 2018 · 5:34 pm 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 | May 18, 2018 | M | 9,000 | $59.76 | A | 25,628 | D | |
| Common Stock | May 18, 2018 | M | 25,875 | $68.83 | A | 51,503 | D | |
| Common Stock | May 18, 2018 | M | 14,000 | $58.25 | A | 65,503 | D | |
| Common StockF1 | May 18, 2018 | S | 40,281 | $72.26 | D | 25,222 | D | |
| Common StockF2 | May 18, 2018 | S | 12,500 | $73.01 | D | 12,722 | 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)F3 | $59.76 | May 18, 2018 | M | 9,000 | D | Dec 6, 2012 | Dec 6, 2021 | Common Stock | 9,000 | 0 | D |
| Stock Option (right to buy)F4 | $68.83 | May 18, 2018 | M | 25,875 | D | Dec 2, 2015 | Dec 2, 2024 | Common Stock | 25,875 | 8,625 | D |
| Stock Option (right to buy)F4 | $58.25 | May 18, 2018 | M | 14,000 | D | Nov 30, 2016 | Nov 30, 2025 | Common Stock | 14,000 | 28,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.71 to $72.70, inclusive. 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 within the ranges set forth in footnotes 1 and 2 to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.71 to $73.20, inclusive.
- F3The options vested over 4 years in 25% increments. The noted date represents the date options first began to vest.
- F4The options vest over 4 years in 25% increments. The noted date represents the date options first began to vest.