Filing Details

Accession Number:
0000899243-20-003876
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-02-10 20:13:59
Reporting Period:
2020-02-06
Accepted Time:
2020-02-10 20:13:59
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
1054846 Varde Partners Inc 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes No
1138267 Varde Partners Lp 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes No
1452534 Varde Investment Partners Lp 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes No
1704990 Varde Investment Partners G.p., Llc 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes No
1705023 Varde Investment Partners (Offshore) Master, L.p. 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes No
1706059 G George Hicks 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes No
1744511 Varde Credit Partners Master, L.p. 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes No
1744512 Varde Credit Partners G.p., Llc 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes 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 2020-02-06 3,516 $15.05 1,287,183 No 4 P Indirect See Footnotes
Common Stock Acquisiton 2020-02-06 4,499 $15.05 1,631,998 No 4 P Indirect See Footnotes
Common Stock Acquisiton 2020-02-06 4,574 $15.05 1,751,271 No 4 P Indirect See Footnotes
Common Stock Acquisiton 2020-02-07 218,387 $14.52 1,505,570 No 4 P Indirect See Footnotes
Common Stock Acquisiton 2020-02-07 279,459 $14.52 1,911,457 No 4 P Indirect See Footnotes
Common Stock Acquisiton 2020-02-07 284,115 $14.52 2,035,386 No 4 P Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,233,731 Indirect See Footnotes
Footnotes
  1. Shares of common stock of Parker Drilling Company (the "Issuer") held directly by Varde Investment Partners (Offshore) Master, L.P. ("VIP Offshore").
  2. Shares of common stock of the Issuer held directly by Varde Investment Partners, L.P. ("VIP").
  3. Shares of common stock of the Issuer held directly by Varde Credit Partners Master, L.P. ("VCPM").
  4. Shares of common stock of the Issuer held directly by Varde Skyway Master Fund, L.P. ("Master Skyway Fund").
  5. The Varde Skyway Fund G.P., L.P. ("Skyway Fund GP") is the general partner of Master Skyway Fund. The Varde Skyway Fund UGP, LLC ("Skyway Fund UGP") is the general partner of Skyway Fund GP. Varde Investment Partners G.P., L.P. ("VIP GP") is the general partner of VIP Offshore and VIP. Varde Investment Partners UGP, LLC ("VIP UGP") is the general partner of VIP GP. Varde Credit Partners G.P., L.P. ("VCPM GP") is the general partner of VCPM. Varde Credit Partners UGP, LLC ("VCPM UGP") is the general partner of VCPM GP. Varde Partners, L.P. ("Managing Member") is the managing member of Skyway Fund UGP, VIP UGP and VCPM UGP. Varde Partners, Inc. ("General Partner") is the general partner of the Managing Member. George G. Hicks is the Chief Executive Officer of the General Partner.
  6. (Continued from Footnote 5) Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.