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