SEC Form 4 · accession 0001246360-17-001689
PARKER DRILLING CO /DE/ · PKDSQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leslie K Nagy
Officer — PAO & Controller
Period of report
May 1, 2017
Accepted (ET)
May 2, 2017 · 12:35 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 StockF3 | May 1, 2017 | M | 5,278 | $1.65 | A | 60,370 | D | |
| Common Stock | May 1, 2017 | F | 1,444 | $1.65 | D | 58,926 | D | |
| 401K Common StockF1 | holding | — | — | — | 13,875 | 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 UnitsF5,F4 | — | May 1, 2017 | M | 5,278 | D | May 1, 2017 | May 1, 2017 | Common Stock | 5,278 | 67,761 | D |
| Phantom Stock UnitsF2 | — | holding | — | — | — | — | — | Common Stock | 55,126 | 55,126 | D |
Explanation of responses
- F1Shares of PKD common stock in 401(k) as of May 1, 2017.
- F2Each phantom stock unit represents a contingent right to receive a cash amount equivalent to one share of PKD common stock.
- F3Shares acquired upon the vesting of restricted stock units.
- F4Each restricted stock unit represents a contingent right to receive one share of PKD common stock.
- F5Representing vested restricted stock units.