SEC Form 4 · accession 0001246360-15-001471
PARKER DRILLING CO /DE/ · PKDSQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher T Weber
Officer — Sr. VP and CFO
Period of report
Mar 9, 2015
Accepted (ET)
Mar 11, 2015 · 3:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000076321
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| 401K Common StockF1 | holding | — | — | — | 2,540 | I | 401(k) | |
| Common Stock | holding | — | — | — | 81,505 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | $0.00 | Mar 9, 2015 | A | 100,000 | A | Mar 9, 2016 | Mar 9, 2018 | Common Stock | 100,000 | 370,808 | D |
Explanation of responses
- F1Shares of PKD common stock in 401(k) as of March 9, 2015.
- F2Each restricted stock unit represents a contingent right to receive one share of PKD common stock.
- F3These RSUs vest in three equal installments annually beginning March 9, 2016.