COLLINS BRYAN RAY (President, Drilling Operations) exercised options at PARKER DRILLING CO /DE/
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 2 exercises
Filed: 3/30/2020ACC: 0000076321-20-000026
Officer· President, Drilling Operations
Since Mar 2019
-8K
Net shares
Net seller
$239.9K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
11.54K acquired · 19.54K disposed
Non-Derivative Transactions4
Common Stock
Direct
Shares
+5.77K
Price / share
—
Trade value
—
% of position
412.6%
3/26/2020
1.40K→7.17K
Common Stock
Direct
Shares
+5.77K
Price / share
—
Trade value
—
% of position
80.5%
3/26/2020
7.17K→12.94K
Common Stock
Direct
Shares
−2.22K
Price / share
$30.00
Trade value
$66.72K
% of position
17.2%
3/26/2020
12.94K→10.72K
Common Stock
Direct
Shares
−5.77K
Price / share
$30.00
Trade value
$173.16K
% of position
53.8%
3/26/2020
10.72K→4.95K
Total
Net shares
+3.55K
Net value
-$239.88K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 3/26/2020 | M · Option Exercise | +5.77K | — | — | 412.6% | 1.40K | 7.17K |
| Common Stock Direct | 3/26/2020 | M · Option Exercise | +5.77K | — | — | 80.5% | 7.17K | 12.94K |
| Common Stock Direct | 3/26/2020 | F · Tax Withholding | −2.22K | $30.00 | $66.72K | 17.2% | 12.94K | 10.72K |
| Common Stock Direct | 3/26/2020 | D · Disposition | −5.77K | $30.00 | $173.16K | 53.8% | 10.72K | 4.95K |
| Total | +3.55K | -$239.88K | ||||||
Derivative Transactions2
Restricted Stock Units
Direct
Converts to
Common Stock
5.77K shares
Shares
−5.77K
Strike price
Held after
11.54K
Exercisable
—
3/26/2020
Phantom Stock Units
Direct
Converts to
Common Stock
5.77K shares
Shares
−5.77K
Strike price
Held after
11.54K
Exercisable
—
3/26/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock5.77K shares | 3/26/2020 | M · Option Exercise | −5.77K | — | 11.54K | |
| Phantom Stock Units Direct | Common Stock5.77K shares | 3/26/2020 | M · Option Exercise | −5.77K | — | 11.54K |
Non-Derivative Holdings (Post-Transaction)1
401K Common Stock
IndirectShares owned12.00
Total
12.00 indirect12.00
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| 401K Common Stock | 12.00 | Indirect |
| Total | 12.00 | 12.00 indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported