SUMRULD MICHAEL W (Sr. VP and CFO) exercised options at PARKER DRILLING CO /DE/
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 10/3/2018ACC: 0001246360-18-002302
Officer· Sr. VP and CFO
Since Oct 2018
-862.00
Net shares
Net seller
$2.6K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
3.54K acquired · 4.40K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+3.54K
Price / share
$2.98
Trade value
$10.54K
% of position
New position
10/1/2018
0.00→3.54K
Common Stock
Direct
Shares
−862.00
Price / share
$2.98
Trade value
$2.57K
% of position
24.4%
10/1/2018
3.54K→2.67K
Total
Net shares
+2.67K
Net value
$7.97K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/1/2018 | M · Option Exercise | +3.54K | $2.98 | $10.54K | New position | 0.00 | 3.54K |
| Common Stock Direct | 10/1/2018 | F · Tax Withholding | −862.00 | $2.98 | $2.57K | 24.4% | 3.54K | 2.67K |
| Total | +2.67K | $7.97K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
3.54K shares
Shares
−3.54K
Strike price
Held after
18.63K
Exercisable
—
10/1/2018
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock3.54K shares | 10/1/2018 | M · Option Exercise | −3.54K | — | 18.63K |
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)1
Phantom Stock Units
DirectUnderlying security
Common Stock
Underlying shares
11.56K
Shares owned
11.56K
Exercise price
Expiration
—
Exercise window
—
Total
Underlying
11.56K
Owned
11.56K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Phantom Stock Units Direct | Common Stock | — | — | 11.56K | 11.56K | |
| Total | 11.56K | 11.56K | ||||