FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Dockray Nathaniel C		 2. Issuer Name and Ticker or Trading Symbol

PARKER DRILLING CO /DE/ [ PKD ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Accounting Officer
(Last)          (First)          (Middle)

5 GREENWAY PLAZA, SUITE 100		 3. Date of Earliest Transaction (MM/DD/YYYY)

11/14/2019
(Street)

HOUSTON, TX 77046
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
 6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)		2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)		8. Price of Derivative Security
(Instr. 5)		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Units  (1)11/14/2019  A   12000     (2) (2)Common Stock 12000.0 $0 12000 D  
Explanation of Responses:
(1) Each phantom stock unit represents a contingent right to receive a cash amount equivalent to the fair market value of one share of Parker Drilling Company (the "Issuer") common stock on the settlement date.
(2) Pursuant to the terms of an Incentive Award Agreement ("Agreement") by and between the Issuer and Nathaniel Dockray, effective November 14, 2019, Mr. Dockray was awarded 12,000 Phantom Stock Units ("PSUs"), which will vest ratably on November 14, 2020, March 26, 2021 and March 26, 2022, subject to the terms of the Agreement and will settle as soon as practicable following vesting, but in no event later than 30 days following said date.
Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Dockray Nathaniel C
5 GREENWAY PLAZA, SUITE 100
HOUSTON, TX 77046

Chief Accounting Officer
Signatures
Nathaniel Dockray11/18/2019
**Signature of Reporting PersonDate
Parker Drilling (NYSE:PKD)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Parker Drilling Charts.
Parker Drilling (NYSE:PKD)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Parker Drilling Charts.