SEC Form 4 · accession 0001246360-18-001128
PARKER DRILLING CO /DE/ · PKDSQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon-Al Duplantier
Officer — Sr. VP, CAO & General Counsel
Period of report
Mar 12, 2018
Accepted (ET)
Mar 14, 2018 · 2:56 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 | holding | — | — | — | 454,095 | D | ||
| 401K Common StockF1 | holding | — | — | — | 17,671 | I | 401K |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF2 | — | Mar 12, 2018 | A | 185,000 | A | Mar 12, 2019 | Mar 12, 2021 | Common Stock | 185,000 | 283,291 | D |
| Restricted Stock UnitsF3 | — | Mar 12, 2018 | A | 185,000 | A | Mar 12, 2019 | Mar 12, 2021 | Common Stock | 185,000 | 321,143 | D |
Explanation of responses
- F1Shares of PKD common stock in 401(k) as of March 9, 2018.
- 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.