4//SEC Filing
DAVIS EUGENE I 4
Accession 0000076321-19-000102
CIK 0000076321other
Filed
Nov 5, 7:00 PM ET
Accepted
Nov 6, 4:23 PM ET
Size
6.0 KB
Accession
0000076321-19-000102
Insider Transaction Report
Form 4
DAVIS EUGENE I
Director
Transactions
- Award
Restricted Stock Units
2019-11-04+22,269→ 22,269 total→ Common Stock (22,269 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of Parker Drilling Company (the "Issuer").
- [F2]Pursuant to the terms of an Incentive Award Agreement for Outside Directors ("Agreement") by and between the Issuer and Eugene Davis, effective November 4, 2019, Mr. Davis was awarded 22,269 Restricted Stock Units ("RSUs") which will vest ratably on March 26 in the years 2020, 2021, and 2022, subject to the terms of the Agreement. The RSUs will settle upon the earlier of (i) a Change in Control, (ii) the date of Mr. Davis' termination of service as a member of the Board of Directors of the Issuer other than for cause, (iii) the date of Grantee's death, or (iv) the date that is the seventh anniversary of the Grant Date, provided that the Awards have not been earlier forfeited under the terms of the Agreement.
Documents
Issuer
PARKER DRILLING CO /DE/
CIK 0000076321
Entity typeother
Related Parties
1- filerCIK 0001028689
Filing Metadata
- Form type
- 4
- Filed
- Nov 5, 7:00 PM ET
- Accepted
- Nov 6, 4:23 PM ET
- Size
- 6.0 KB