SEC Form 4 · accession 0001246360-16-006676
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
Aug 31, 2016
Accepted (ET)
Sep 2, 2016 · 11:07 am 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 | Aug 31, 2016 | P | 40,000 | $2.18 | A | 719,903 | D | |
| Common Stock | Sep 1, 2016 | P | 40,000 | $2.17 | A | 759,903 | D | |
| 401K Common StockF2 | holding | — | — | — | 11,105 | 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 UnitsF1 | — | holding | — | — | — | — | — | Common Stock | 457,152 | 457,152 | D |
| Phantom Stock UnitsF3 | — | holding | — | — | — | — | — | Common Stock | 261,418 | 261,418 | 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 31, 2016.
- F3Each phantom stock unit represents a contingent right to receive a cash amount equivalent to one share of PKD common stock.