0001246360-17-001307.txt : 20170313
0001246360-17-001307.hdr.sgml : 20170313
20170313170722
ACCESSION NUMBER: 0001246360-17-001307
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: Rich Gary G
CENTRAL INDEX KEY: 0001375848
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07573
FILM NUMBER: 17685921
MAIL ADDRESS:
STREET 1: 2929 ALLEN PARKWAY
STREET 2: SUITE 2100
CITY: HOUSTON
STATE: TX
ZIP: 77019
4
1
form.xml
PRIMARY DOCUMENT
X0306
4
2017-03-09
false
0000076321
PARKER DRILLING CO /DE/
PKD
0001375848
Rich Gary G
5 GREENWAY PLAZA, SUITE 100
HOUSTON
TX
77046
true
true
false
false
Chairman,President & CEO
401K Common Stock
11105.09
I
401(k)
Common Stock
2017-03-09
4
A
false
43752
1.62
A
803655
D
Common Stock
2017-03-09
4
F
false
15904
1.65
D
787751
D
Common Stock
2017-03-10
4
M
false
87140
1.65
A
874891
D
Common Stock
2017-03-10
4
M
false
87140
1.65
A
962031
D
Common Stock
2017-03-10
4
F
false
36556
1.65
D
925475
D
Common Stock
2017-03-10
4
D
false
87140
1.65
D
838335
D
Restricted Stock Units
2017-03-09
4
A
false
178955
0
A
2018-03-09
2020-03-09
Common Stock
178955
636107
D
Phantom Stock Units
2017-03-09
4
A
false
178955
0
A
2018-03-09
2020-03-09
Common Stock
178955
440373
D
Restricted Stock Units
2017-03-10
4
M
false
87140
0
D
2017-03-10
2017-03-10
Common Stock
87140
548967
D
Phantom Stock Units
2017-03-10
4
M
false
87140
0
D
2017-03-10
2017-03-10
Common Stock
261418
353233
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.
Each phantom stock unit presents a contingent right to receive a cash amount equivalent to 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.
Gary G. Rich
2017-03-13