SEC Form 4 · accession 0001246360-18-001130
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
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
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1 | — | Mar 12, 2018 | A | 173,438 | A | Mar 12, 2019 | Mar 20, 2021 | Common Stock | 173,438 | 173,438 | D |
| Restricted Stock UnitsF2 | — | Mar 12, 2018 | A | 173,438 | A | Mar 12, 2019 | Oct 1, 2020 | Common Stock | 173,438 | 332,529 | D |
Explanation of responses
- F1Each phantom stock unit represents a contingent right to receive a cash amount equivalent to one share of PKD common stock.
- F2Each restricted stock unit represents a contingent right to receive one share of PKD common stock.