SEC Form 4 · accession 0001246360-18-001930
PARKER DRILLING CO /DE/ · PKDSQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer Fremont Simons
Officer — VP, General Counsel&Secretary
Period of report
Jul 27, 2018
Accepted (ET)
Jul 31, 2018 · 4:35 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 | Jul 27, 2018 | M | 328 | $5.64 | A | 472 | D | |
| Common Stock | Jul 27, 2018 | F | 80 | $5.64 | D | 392 | D | |
| 401K Common StockF1,F2 | holding | — | — | — | 518 | I | 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4 | — | Jul 27, 2018 | M | 328 | D | Jul 27, 2018 | Jul 27, 2018 | Common Stock | 328 | 9,504 | D |
| Phantom Stock UnitsF2,F3 | — | holding | — | — | — | — | — | Common Stock | 6,555 | 6,555 | D |
Explanation of responses
- F1Shares of PKD common stock in 401(k).
- F2On July 27, 2018, the Issuer effected a 1-for-15 reverse stock split of its common stock (the Reverse Stock Split). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split and rounded down to the nearest whole share.
- F3Each phantom stock unit represents a contingent right to receive a cash amount equivalent to one share of PKD common stock.
- F4Each restricted stock unit represents a contingent right to receive one share of PKD common stock.