Filing Details

Accession Number:
0001246360-16-005405
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-04-05 12:07:09
Reporting Period:
2016-04-01
Filing Date:
2016-04-05
Accepted Time:
2016-04-05 12:07:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
76321 Parker Drilling Co PKD Drilling Oil & Gas Wells (1381) 730618660
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1472434 Jon-Al Duplantier 5 Greenway Plaza, Suite 100
Houston TX 77046
Sr. Vp, Cao & General Counsel No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-04-01 37,850 $2.12 309,143 No 4 M Direct
Common Stock Disposition 2016-04-01 15,000 $2.03 294,143 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2016-04-01 37,850 $0.00 37,850 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
291,831 2016-04-01 2016-04-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
401K Common Stock 17,151 Indirect 401K
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Phantom Stock Units $0.00 122,218 122,218 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
122,218 122,218 Direct
Footnotes
  1. Shares of PKD common stock in 401(k) as of April 1, 2016.
  2. Each phantom stock unit represents a contingent right to receive a cash amount equivalent to one share of PKD common stock.
  3. Each restricted stock unit represents a contingent right to receive one share of PKD common stock.
  4. Sale made to satisfy tax obligations incurred from the vesting of 37,850 RSUs pursuant to a prearranged trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and the policies of the Company regarding transaction in the securities. The trading plan is part of an individual long-term asset diversification, tax and financial planning strategy.