-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EKbb0WKSbM7LISOKBo4/8Zy0T3ffsIYdKYuEigN6mmcJR2769Zm41rTiTbhnTWqK dNKArisQ+gy+C4QxvJknxA== 0000914062-03-000096.txt : 20030130 0000914062-03-000096.hdr.sgml : 20030130 20030130171232 ACCESSION NUMBER: 0000914062-03-000096 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030128 FILED AS OF DATE: 20030130 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RPC INC CENTRAL INDEX KEY: 0000742278 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 581550825 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08726 FILM NUMBER: 03532591 BUSINESS ADDRESS: STREET 1: 2170 PIEDMONT RD NE CITY: ATLANTA STATE: GA ZIP: 30324 BUSINESS PHONE: 4048882950 MAIL ADDRESS: STREET 1: 2170 PIEDMONT ROAD CITY: ATLANTA STATE: GA ZIP: 30324 FORMER COMPANY: FORMER CONFORMED NAME: RPC ENERGY SERVICES INC DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: COMPANY DATA: COMPANY CONFORMED NAME: PALMER BEN M CENTRAL INDEX KEY: 0001130208 RELATIONSHIP: OFFICER STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: C/O MARINE PRODUCTS CORP STREET 2: 2170 PIEDMONT ROAD, N.E. CITY: ATLANTA STATE: GA ZIP: 30324 BUSINESS PHONE: 4043212140 MAIL ADDRESS: STREET 1: C/O MARINE PRODUCTS CORP STREET 2: 2170 PIEDMONT RD, NE CITY: ATLANTA STATE: GA ZIP: 30324 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 PALMER, BEN M. 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) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) 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 (1) | | | | | | |38,379 |D | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ 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|$9.49 |1-28-|A | |15,000 |A |2004 |1-28-|Common Stock|15,000 |N/A |15,000 |D | | s (2) | |03 | | | | |to 20|13 | | | | | | | | | | | | | |08 | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Performance Grants |$9.49 |1-28-|A | |5,000 |A |(3) |1-28-|Common Stock|5,000 |N/A |5,000 |D | | | |03 | | | | | |13 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) Includes 34,272 shares of restricted stock of which 6,000 shares vest in 2007, 4,000 shares vest in 2008, 3,000 shares vest in 2009, 7,500 shares vest in 2011 and the remainder vest five years after specified increases occur in the market price of the common stock. (2) Employee option granted pursuant to the 1994 RPC Energy Services, Inc. Employee Stock Incentive Plan. (3) Reflects restricted stock that vest five years after certain specified increases in the market price occur. SIGNATURE OF REPORTING PERSON /s/ Ben M. Palmer DATE January 30, 2003 -----END PRIVACY-ENHANCED MESSAGE-----