SEC Form 4 · accession 0001246360-17-002846
PARKER DRILLING CO /DE/ · PKDSQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael W Sumruld
Officer — Sr. VP and CFO
Period of report
Oct 1, 2017
Accepted (ET)
Oct 3, 2017 · 4:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000076321
Table I — non-derivative securities
No Table I lines on this filing.
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,F2 | — | Oct 1, 2017 | A | 159,091 | A | Oct 1, 2018 | Oct 1, 2020 | Common Stock | 159,091 | 159,091 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of PKD common stock.
- F2These RSUs vest in three equal annual installments beginning on October 1, 2018.