Home/Filings/4/0000899243-19-012981

4//SEC Filing

VARDE PARTNERS INC 4

Accession 0000899243-19-012981

CIK 0000076321other

View on SEC.gov Company Profile

Filed

May 9, 8:00 PM ET

Accepted

May 10, 1:33 PM ET

Size

30.7 KB

Accession

0000899243-19-012981

Insider Transaction Report

Form 4

Period: 2019-05-08

PARKER DRILLING CO /DE/PKD

VARDE PARTNERS INC

10% Owner

Transactions

Purchase
Common Stock
2019-05-08$20.10/sh+34,003$683,460→ 1,627,499 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+23,633$475,023→ 1,233,731 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+26,052$523,645→ 1,283,667 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+40,312$810,271→ 1,746,697 total(indirect: See Footnotes)

Hicks George G

10% Owner

Transactions

Purchase
Common Stock
2019-05-08$20.10/sh+34,003$683,460→ 1,627,499 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+23,633$475,023→ 1,233,731 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+26,052$523,645→ 1,283,667 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+40,312$810,271→ 1,746,697 total(indirect: See Footnotes)

Varde Skyway Master Fund, L.P.

10% Owner

Transactions

Purchase
Common Stock
2019-05-08$20.10/sh+26,052$523,645→ 1,283,667 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+40,312$810,271→ 1,746,697 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+23,633$475,023→ 1,233,731 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+34,003$683,460→ 1,627,499 total(indirect: See Footnotes)

VARDE PARTNERS LP

10% Owner

Transactions

Purchase
Common Stock
2019-05-08$20.10/sh+26,052$523,645→ 1,283,667 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+40,312$810,271→ 1,746,697 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+23,633$475,023→ 1,233,731 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+34,003$683,460→ 1,627,499 total(indirect: See Footnotes)

VARDE INVESTMENT PARTNERS LP

10% Owner

Transactions

Purchase
Common Stock
2019-05-08$20.10/sh+26,052$523,645→ 1,283,667 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+23,633$475,023→ 1,233,731 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+34,003$683,460→ 1,627,499 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+40,312$810,271→ 1,746,697 total(indirect: See Footnotes)

Varde Skyway fund G.P., LLC

10% Owner

Transactions

Purchase
Common Stock
2019-05-08$20.10/sh+23,633$475,023→ 1,233,731 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+26,052$523,645→ 1,283,667 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+34,003$683,460→ 1,627,499 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+40,312$810,271→ 1,746,697 total(indirect: See Footnotes)

Varde Investment Partners (Offshore) Master, L.P.

10% Owner

Transactions

Purchase
Common Stock
2019-05-08$20.10/sh+40,312$810,271→ 1,746,697 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+23,633$475,023→ 1,233,731 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+26,052$523,645→ 1,283,667 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+34,003$683,460→ 1,627,499 total(indirect: See Footnotes)

Varde Investment Partners G.P., LLC

10% Owner

Transactions

Purchase
Common Stock
2019-05-08$20.10/sh+23,633$475,023→ 1,233,731 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+40,312$810,271→ 1,746,697 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+26,052$523,645→ 1,283,667 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+34,003$683,460→ 1,627,499 total(indirect: See Footnotes)

Varde Credit Partners G.P., LLC

10% Owner

Transactions

Purchase
Common Stock
2019-05-08$20.10/sh+26,052$523,645→ 1,283,667 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+23,633$475,023→ 1,233,731 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+34,003$683,460→ 1,627,499 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+40,312$810,271→ 1,746,697 total(indirect: See Footnotes)

Varde Credit Partners Master, L.P.

10% Owner

Transactions

Purchase
Common Stock
2019-05-08$20.10/sh+23,633$475,023→ 1,233,731 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+34,003$683,460→ 1,627,499 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+40,312$810,271→ 1,746,697 total(indirect: See Footnotes)
Purchase
Common Stock
2019-05-08$20.10/sh+26,052$523,645→ 1,283,667 total(indirect: See Footnotes)

Footnotes (6)

[F1]Shares of common stock of Parker Drilling Company (the "Issuer") held directly by The Varde Skyway Master Fund, L.P. ("Master Skyway Fund").
[F2]Shares of common stock of the Issuer held directly by Varde Investment Partners (Offshore) Master, L.P. ("VIP Offshore").
[F3]Shares of common stock of the Issuer held directly by Varde Investment Partners, L.P. ("VIP").
[F4]Shares of common stock of the Issuer held directly by Varde Credit Partners Master, L.P. ("VCPM").
[F5]The Varde Skyway Fund G.P., LLC ("Skyway Fund GP") is the general partner of Master Skyway Fund. Varde Investment Partners G.P., LLC ("VIP GP") is the general partner of VIP Offshore and VIP. Varde Credit Partners G.P., LLC ("VCPM GP") is the general partner of VCPM. Varde Partners, L.P. ("Managing Member") is the managing member of Skyway Fund GP, VIP GP and VCPM GP. Varde Partners, Inc. ("General Partner") is the general partner of the Managing Member. George G. Hicks is the Chief Executive Officer of the General Partner.
[F6](Continued from footnote 5) Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

Documents

2 files

Issuer

PARKER DRILLING CO /DE/

CIK 0000076321

→

Entity typeother

IncorporatedDE

Related Parties

filerCIK 0001054846

Filing Metadata

Form type: 4
Filed: May 9, 8:00 PM ET
Accepted: May 10, 1:33 PM ET
Size: 30.7 KB

View on SEC.gov