SEC Form 4 · accession 0001246360-17-001843
PARKER DRILLING CO /DE/ · PKDSQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard D Paterson
Director
Period of report
May 9, 2017
Accepted (ET)
May 11, 2017 · 4:42 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 StockF2 | May 10, 2017 | M | 39,370 | $1.55 | A | 123,725 | 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 9, 2017 | A | 62,500 | A | May 9, 2018 | May 9, 2018 | Common Stock | 62,500 | 101,870 | D |
| Restricted Stock UnitsF3,F1 | — | May 10, 2017 | M | 39,370 | D | May 9, 2017 | May 9, 2017 | Common Stock | 39,370 | 62,500 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of PKD common stock.
- F2Shares acquired upon the vesting of restricted stock units.
- F3Representing vested restricted stock units.