BRASSFIELD W KIRK 4
4 · PARKER DRILLING CO /DE/ · Filed Mar 15, 2011
Insider Transaction Report
Form 4
BRASSFIELD W KIRK
Sr V P & CFO
Transactions
- Award
Restricted Stock Units
2011-03-11+43,639→ 121,045 totalExercise: $0.00From: 2014-03-11Exp: 2014-03-11→ Common Stock (43,639 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of PKD common stock.
- [F2]The currently reported 43,639 restricted stock units vest 100% on March 11, 2014. Of the remaining balance of derivative securities reported in Column 9 (77,406), 30,948 vest in two annual installments of 50% on each of March 1, 2012 and March 1, 2013, respectively, and 46,458 vest 100% on July 23, 2013.