FORM 5 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
Form 3 Holdings Reported. | |||||||||||||||||
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Form 4 Transactions Reported. |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
PARKER DRILLING CO /DE/ [ PKD ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Statement for Issuer's Fiscal Year Ended
(Month/Day/Year) 12/31/2009 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | |||||||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||||||
Amount | (A) or (D) | Price | |||||||||||||
Common Stock | 01/01/2009 | G4 | 11,700 | D | $0(1) | 90,000 | I | By limited partnership(2) | |||||||
Common Stock | 01/01/2009 | G4 | 11,700 | A | $0(1) | 90,000 | I | By trust(3) | |||||||
Common Stock | 06/30/2009 | S4 | 9,180 | D | $0(4) | 90,000 | I | By limited partnership(2) | |||||||
Common Stock | 06/30/2009 | P4 | 9,180 | A | $0(4) | 90,000 | I | By trust(3) | |||||||
Common Stock | 154,635 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | ||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
(A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. The reporting person and spouse made a gift of limited partnership interests. |
2. These shares are held by Indian Creek Holdings, Ltd. ("Indian Creek"), a limited partnership (of which two entities owned by the reporting person and spouse are the general partners), and the limited partners consist of the reporting person, his spouse and trusts for the benefit of the reporting person's children. These are the same shares reported as owned indirectly by the trusts. |
3. These shares are held in trust, indirectly through limited partnership interests in Indian Creek held by the trusts, for the benefit of the reporting person's children. The reporting person and spouse are trustees. These are the same shares reported as owned indirectly by Indian Creek. |
4. On June 30, 2009, the reporting person and spouse sold an aggregate 10.2% limited partnership interest in Indian Creek to trusts for the benefit of the reporting person's children (the reporting person and spouse are trustees). Indian Creek holds numerous and diverse assets in addition to the common stock of Parker, and no separate purchase price was assigned or is attributable to the common stock. Both the reporting person's beneficial interest and his pecuniary interest in the attributable shares of Parker common stock remained the same after the transaction. |
/s/ Roger B. Plank | 03/15/2010 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |