SEC Form 4 · accession 0001246360-16-005767
PARKER DRILLING CO /DE/ · PKDSQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary R King
Director
Period of report
May 7, 2016
Accepted (ET)
May 10, 2016 · 1:14 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 | May 7, 2016 | M | 26,525 | $2.63 | A | 114,903 | 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 UnitsF1 | — | May 7, 2016 | M | 26,525 | D | May 7, 2016 | May 7, 2016 | Common Stock | 26,525 | 0 | D |
| Restricted Stock UnitsF1 | — | May 10, 2016 | A | 39,370 | A | May 10, 2017 | May 10, 2017 | Common Stock | 39,370 | 39,370 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of PKD common stock.