SEC Form 4 · accession 0001246360-18-001524
PARKER DRILLING CO /DE/ · PKDSQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary R King
Director
Period of report
May 9, 2018
Accepted (ET)
May 11, 2018 · 4:00 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 StockF1 | May 9, 2018 | M | 62,500 | $0.61 | A | 207,246 | D | |
| Common Stock | May 9, 2018 | F | 5,209 | $0.61 | D | 202,037 | 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 UnitsF3,F2 | — | May 9, 2018 | M | 62,500 | D | May 9, 2018 | May 9, 2018 | Common Stock | 62,500 | 0 | D |
Explanation of responses
- F1Shares acquired upon the vesting of restricted stock units.
- F2Each restricted stock unit represents a contingent right to receive one share of PKD common stock.
- F3Representing vested restricted stock units.