0001246360-17-001303.txt : 20170313 0001246360-17-001303.hdr.sgml : 20170313 20170313170012 ACCESSION NUMBER: 0001246360-17-001303 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170309 FILED AS OF DATE: 20170313 DATE AS OF CHANGE: 20170313 ISSUER: 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 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Weber Christopher T CENTRAL INDEX KEY: 0001577553 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07573 FILM NUMBER: 17685851 MAIL ADDRESS: STREET 1: 5 GREENWAY PLAZA, SUITE 100 CITY: HOUSTON STATE: TX ZIP: 77046 4 1 form.xml PRIMARY DOCUMENT X0306 4 2017-03-09 false 0000076321 PARKER DRILLING CO /DE/ PKD 0001577553 Weber Christopher T 5 GREENWAY PLAZA, SUITE 100 HOUSTON TX 77046 false true false false Sr. VP and CFO 401K Common Stock 8321.05 I 401(k) Common Stock 2017-03-09 4 M false 33334 1.65 A 418682 D Common Stock 2017-03-09 4 A false 13350 1.65 A 432032 D Common Stock 2017-03-09 4 F false 9117 1.65 D 422915 D Common Stock 2017-03-09 4 F false 3652 1.65 D 419263 D Common Stock 2017-03-10 4 M false 39882 1.65 A 459145 D Common Stock 2017-03-10 4 M false 39882 1.65 A 499027 D Common Stock 2017-03-10 4 F false 10908 1.65 D 488119 D Common Stock 2017-03-10 4 D false 39882 1.65 D 448237 D Phantom Stock Units 2017-03-09 4 A false 81904 0 A 2018-03-09 2020-03-09 Common Stock 81904 201549 D Restricted Stock Units 2017-03-09 4 A false 81904 0 A 2018-03-09 2020-03-09 Common Stock 81904 357798 D Restricted Stock Units 2017-03-09 4 M false 33334 0 D 2017-03-09 2017-03-09 Common Stock 33334 324464 D Restricted Stock Units 2017-03-10 4 M false 39882 0 D 2017-03-10 2017-03-10 Common Stock 39882 284582 D Phantom Stock Units 2017-03-10 4 M false 39882 0 D 2017-03-10 2017-03-10 Common Stock 39882 161667 D Shares of PKD common stock in 401(k) as of March 9, 2017. Each phantom stock unit presents a contingent right to receive a cash amount equivalent to one share of PKD common stock. Each restricted stock unit represents a contingent right to receive one share of PKD common stock. Represents Performance Share Units (PSUs) that vested on March 9, 2017 and were initially granted in March 2014. Each PSU represented the right to receive one share of PKD Common Stock, subject to increase or decrease based upon annual total shareholder return (TSR) of the Company as compared to the TSR for each performance peer of the Company and subject to the discretion of the Compensation Committee to reduce the award by up to 20%. The PSUs vested represents a payout factor of 0.575 times the initial number of PSUs granted. Vesting of phantom stock units resulting in a cash payment in which each phantom stock unit is valued at the fair market value of one share of PKD common stock on the day of vesting. Christopher T. Weber 2017-03-13