SEC Form 4 · accession 0001246360-17-001390
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
Mar 14, 2017
Accepted (ET)
Mar 15, 2017 · 3:28 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, 2017 | M | 15,478 | $1.60 | A | 463,715 | D | |
| Common Stock | Mar 14, 2017 | F | 4,234 | $1.60 | D | 459,481 | 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 | — | Mar 14, 2017 | M | 15,478 | D | Mar 14, 2017 | Mar 14, 2017 | Common Stock | 15,478 | 269,104 | D |
| Phantom Stock UnitsF2 | — | holding | — | — | — | — | — | Common Stock | 161,667 | 161,667 | D |
Explanation of responses
- F1Shares of PKD common stock in 401(k) as of March 13, 2017.
- 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.