SEC Form 4 · accession 0001246360-16-005147
PARKER DRILLING CO /DE/ · PKDSQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary G Rich
Officer — Chairman,President & CEO · Director
Period of report
Mar 14, 2016
Accepted (ET)
Mar 16, 2016 · 4:14 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 Stock | Mar 14, 2016 | M | 33,818 | $2.04 | A | 594,593 | D | |
| Common Stock | Mar 14, 2016 | F | 14,187 | $2.04 | D | 580,406 | D | |
| 401K Common StockF1 | holding | — | — | — | 10,218 | I | 401(k) |
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 | $0.00 | Mar 14, 2016 | M | 33,818 | D | Mar 14, 2016 | Mar 14, 2016 | Common Stock | 33,818 | 590,611 | D |
| Phantom Stock Units | $0.00 | holding | — | — | — | Mar 10, 2017 | Mar 10, 2019 | Common Stock | 261,418 | 261,418 | D |
Explanation of responses
- F1Shares of PKD common stock in 401(k) as of March 10, 2016.
- F2Each restricted stock unit represents a contingent right to receive one share of PKD common stock.