SEC Form 4 · accession 0001246360-16-005970
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
May 19, 2016
Accepted (ET)
May 23, 2016 · 4:35 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 19, 2016 | M | 87,146 | $2.26 | A | 390,990 | D | |
| Common Stock | May 19, 2016 | F | 23,834 | $2.26 | D | 367,156 | D | |
| Common Stock | May 20, 2016 | M | 25,041 | $2.22 | A | 392,197 | D | |
| Common Stock | May 20, 2016 | F | 6,849 | $2.22 | D | 385,348 | D | |
| 401K Common StockF1 | holding | — | — | — | 8,321 | 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 UnitsF3 | — | May 19, 2016 | M | 87,146 | D | May 19, 2016 | May 19, 2016 | Common Stock | 87,146 | 300,935 | D |
| Restricted Stock UnitsF3 | — | May 20, 2016 | M | 25,041 | D | May 20, 2016 | May 20, 2016 | Common Stock | 25,041 | 275,894 | D |
| Phantom Stock UnitsF2 | — | holding | — | — | — | — | — | Common Stock | 119,645 | 119,645 | D |
Explanation of responses
- F1Shares of PKD common stock in 401(k) as of May 19, 2016.
- F2Each phantom stock unit represents a contingent right to receive a cash amount equivalent to one share of PKD common stock.
- F3Each restricted stock unit represents a contingent right to receive one share of PKD common stock.