0001246360-17-001304.txt : 20170313
0001246360-17-001304.hdr.sgml : 20170313
20170313170018
ACCESSION NUMBER: 0001246360-17-001304
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160310
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: Nagy Leslie K
CENTRAL INDEX KEY: 0001604561
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07573
FILM NUMBER: 17685856
MAIL ADDRESS:
STREET 1: 5 GREENWAY PLAZA, SUITE 100
CITY: HOUSTON
STATE: TX
ZIP: 77046
4
1
form.xml
PRIMARY DOCUMENT
X0306
4
2016-03-10
false
0000076321
PARKER DRILLING CO /DE/
PKD
0001604561
Nagy Leslie K
5 GREENWAY PLAZA, SUITE 100
HOUSTON
TX
77046
false
true
false
false
PAO & Controller
401K Common Stock
13875.39
I
401(k)
Common Stock
2016-03-10
4
M
false
13600
1.65
A
48629
D
Common Stock
2016-03-10
4
F
false
4006
1.65
D
44623
D
Common Stock
2017-03-09
4
A
false
3035
1.65
A
47658
D
Common Stock
2017-03-09
4
F
false
991
1.65
D
46667
D
Common Stock
2017-03-10
4
M
false
13600
1.65
A
60267
D
Common Stock
2017-03-10
4
D
false
13600
1.65
D
46667
D
Restricted Stock Units
2016-03-10
4
M
false
13600
0
D
2017-03-10
2017-03-10
Common Stock
13600
57745
D
Restricted Stock Units
2017-03-09
4
A
false
27928
0
A
2018-03-09
2020-03-09
Common Stock
27928
85673
D
Phantom Stock Units
2017-03-09
4
A
false
27928
0
A
2018-03-09
2020-03-09
Common Stock
27928
68726
D
Phantom Stock Units
2017-03-10
4
M
false
13600
0
D
2017-03-10
2017-03-10
Common Stock
13600
55126
D
Shares of PKD common stock in 401(k) as of March 9, 2017.
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.
Each phantom stock unit presents a contingent right to receive a cash amount equivalent to one share of PKD common stock.
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.
Leslie K. Nagy
2017-03-13