4 1 edgar.txt FORM 4 - 01/28/2003 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person ROLLINS, R. RANDALL c/o RPC, Inc. 2170 Piedmont Road Atlanta, GA 30324 USA 2. Issuer Name and Ticker or Trading Symbol RPC, INC. RES 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year 01/28/2003 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director (X) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Chief Executive Officer 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock $.10 Par Value| | | | | | |458,629 |D | | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock $.10 Par Value| | | | | | |2,160 |I |Cust./Guarian Trustee of Tr| | | | | | | | | |ust | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock $.10 Par Value| | | | | | |26,359 |I |By Spouse | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock $.10 Par Value| | | | | | |80,960 |I |Co-Trustee of Trust | -----------------------------------------------------------------------------------------------------------------------------------| Common Stock $.10 Par Value| | | | | | |16,972,692 |I |RFPS Inv. II, L.P. | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| Incentive Stock Option|$10.44 |1-28-|A | |47,890 |A |2004 |1-28-|Common Stock|47,890 |N/A |47,890 |D | | s (1) | |03 | | | | |to 20|08 | | | | | | | | | | | | | |08 | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Non-qualified Stock Op|$9.49 |1-28-|A | |52,111 |A |2004 |1-28-|Common Stock|52,111 |N/A |52,111 |D | | tions (1) | |03 | | | | |to 20|08 | | | | | | | | | | | | | |08 | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) Employee stock options granted pursuant to 1994 RPC Energy Services, Inc. Employee Stock Incentive Plan. SIGNATURE OF REPORTING PERSON /s/ R. Randall Rollins DATE January 30, 2003