0001144204-14-027997.txt : 20140507 0001144204-14-027997.hdr.sgml : 20140507 20140506182008 ACCESSION NUMBER: 0001144204-14-027997 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140501 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140507 DATE AS OF CHANGE: 20140506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PARKER DRILLING CO /DE/ CENTRAL INDEX KEY: 0000076321 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 730618660 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07573 FILM NUMBER: 14818402 BUSINESS ADDRESS: STREET 1: 5 GREENWAY PLAZA STREET 2: SUITE 100 CITY: HOUSTON STATE: TX ZIP: 77046 BUSINESS PHONE: 281-406-2000 MAIL ADDRESS: STREET 1: 5 GREENWAY PLAZA STREET 2: SUITE 100 CITY: HOUSTON STATE: TX ZIP: 77046 8-K 1 v377527_8k.htm FORM 8-K

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): May 1, 2014

 

PARKER DRILLING COMPANY

 

(Exact name of registrant as specified in its charter)

 

Delaware
(State or other jurisdiction
of incorporation)		 001-07573
(Commission File Number)		 73-0618660
(IRS Employer
Identification No.)

 

5 Greenway Plaza, Suite 100
Houston, Texas
(Address of principal executive offices)		 77046
(Zip Code)

 

 

Registrant’s telephone number, including area code: (281) 406-2000

 

Check the appropriate box below if the Form 8-К filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction А.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240. 14a-12)
   
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240. 14d-2(Ь))
   
¨ Pre-commencement communications pursuant to Rule 13е-4(с) under the Exchange Act (17 CFR 240. 13е-4(с))

 

 

 

 
 

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

 

Parker Drilling Company's Annual Meeting of Stockholders was held on May 1, 2014. Set forth below are descriptions of the matters voted on and the results of the votes taken at the meeting.

 

1.To elect three nominees (listed below) as Class III directors, each for a three-year term.

 

Director Nominee Votes For Votes Withheld Broker Non-Votes
Robert L. Parker, Jr. 81,693,009 3,779,489 20,014,216
Roger B. Plank 65,456,487 20,016,011 20,014,216
Gary G. Rich 81,555,266 3,917,232 20,014,216
Peter C. Wallace 84,232,355 1,240,143 20,014,216

 

 

2.To approve, on a non-binding advisory basis, the compensation of the named executive officers.

 

Votes For Votes Against Abstentions Broker Non-Votes
83,087,810 2,185,861 198,827 20,014,216

  

3.To consider and act upon a proposal for the ratification of the selection made by our Audit Committee reappointing KPMG LLP as our independent registered public accounting firm for the year ending December 31, 2014.

 

Votes For Votes Against Abstentions Broker Non-Votes
104,566,201 855,969 64,544 0

  

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit Number

  

Description

     
99.1   Press Release announcing election of Gary G. Rich as Chairman of the Board of Directors.

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  PARKER DRILLING COMPANY
   
Date: May 6, 2014 By: /s/ Jon-Al Duplantier
    Jon-Al Duplantier
  Senior Vice President, Chief Administrative Officer and General Counsel

 

 

 

 EX-99.1 2 v377527_ex99-1.htm EXHIBIT 99.1
Exhibit 99.1
 

Gary G. Rich Elected Chairman of Parker Drilling's Board of Directors


Robert L. Parker Jr. Continues As Non-Employee Board Member

HOUSTON, May 6, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE:PKD) announced today that Gary G. Rich, president and chief executive officer, has been elected chairman of the company's board of directors, effective immediately. The election was confirmed following the company's annual meeting of stockholders held last week in Houston, Texas. Since joining Parker in 2012, Mr. Rich has been instrumental in strengthening the company's operational, financial and business performance and in developing additional pathways for growth, including the acquisition of International Tubular Services (iTS) in April of 2013.

Mr. Rich replaces Robert L. "Bobby" Parker Jr. as chairman. The grandson of the company's founder, Mr. Parker recently retired from the company after a successful 40 year career in the oil and gas industry. Mr. Parker will remain on the board as a director and was elected to a three-year term during the meeting.

"Gary's election as chairman is a significant milestone for Parker Drilling," said Mr. Parker. "Gary understands and deeply appreciates the legacy and the high standards that Parker has established over the years and he has a clear vision for maintaining and building upon that success in the years to come. As we approach the 80th anniversary of the company, I'm pleased Gary has agreed to take on this role and I look forward to working with him and the board as we position the organization for future growth."

"I am grateful to have the benefit of the incredible foundation Bobby and his father have created," said Mr. Rich. "Bobby's many years of service, the relationships he's built in the industry, and the ground he's plowed over the years will allow us to take a great organization and continue to shape and focus it for future success. As we move forward, we will maintain our focus on providing innovative, reliable and efficient performance and deliver the premier customer service for which Parker Drilling has become known. I thank Bobby and the board for their ongoing support."

Parker Drilling (NYSE: PKD) provides contract drilling and drilling-related services and rental tools to the energy industry. The Company's drilling business serves operators in the inland waters of the U.S. Gulf of Mexico utilizing Parker's barge rig fleet and in select U.S. and international markets and harsh-environment regions utilizing Parker-owned and customer-owned equipment. The Company's rental tools business supplies premium equipment and well services to operators on land and offshore in the U.S. and international markets. More information about Parker Drilling can be found on the Company's website at www.parkerdrilling.com.



CONTACT: Investors - Richard Bajenski, Director, Investor Relations, (281) 406-2030, richard.bajenski@parkerdrilling.com; Media - Stephanie J. Dixon, Manager, Marketing & Corporate Communications, (281) 406-2212, stephanie.dixon@parkerdrilling.com