SEC Form 4 · accession 0001246360-15-002968
PARKER DRILLING CO /DE/ · PKDSQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon-Al Duplantier
Officer — Sr. VP, CAO & General Counsel
Period of report
Aug 18, 2015
Accepted (ET)
Aug 20, 2015 · 12:42 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF3 | Aug 18, 2015 | S | 20,000 | $2.8175 | D | 232,076 | D | |
| 401K Common StockF2 | holding | — | — | — | 15,250 | I | 401K |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | holding | — | — | — | — | — | Common Stock | 249,535 | 249,535 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of PKD common stock.
- F2Shares of PKD common stock in 401(k) as of August 18, 2015.
- F3Sale made pursuant to a prearranged trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and the policies of the Company regarding transaction in its securities. The trading plan is part of an individual long-term asset diversification, tax and financial planning strategy.