Sumruld Michael W 4
4 · PARKER DRILLING CO /DE/ · Filed Oct 3, 2018
Insider Transaction Report
Form 4
Sumruld Michael W
Sr. VP and CFO
Transactions
- Tax Payment
Common Stock
2018-10-01$2.98/sh−862$2,569→ 2,674 total - Exercise/Conversion
Restricted Stock Units
2018-10-01−3,536→ 18,632 totalFrom: 2018-10-01Exp: 2018-10-01→ Common Stock (3,536 underlying) - Exercise/Conversion
Common Stock
2018-10-01$2.98/sh+3,536$10,537→ 3,536 total
Holdings
- 11,562
Phantom Stock Units
From: 2019-03-12Exp: 2021-03-20→ Common Stock (11,562 underlying)
Footnotes (3)
- [F1]Each phantom stock unit represents a contingent right to receive a cash amount equivalent to one share of PKD common stock.
- [F2]On July 27, 2018, the Issuer effected a 1-for-15 reverse stock split of its common stock (the Reverse Stock Split). The amount of securities reported on this Form 4 have been adjusted to reflect the reverse stock split and rounded down to the nearest whole share.
- [F3]Each restricted stock unit represents a contingent right to receive one share of PKD common stock.