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
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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