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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
76321	Parker Drilling Co	PKD	Drilling Oil & Gas Wells (1381)	730618660

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1472434	Jon-Al Duplantier	5 Greenway Plaza, Suite 100 Houston TX 77046	Sr. Vp, Cao & General Counsel	No	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2016-05-20	25,578	$2.22	319,721	No	4	M	Direct
Common Stock	Disposition	2016-05-20	10,000	$2.17	309,721	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2016-05-20	25,578	$0.00	25,578	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
266,253	2016-05-20	2016-05-20	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
401K Common Stock	17,671	Indirect	401K

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Phantom Stock Units	$0.00			122,218	122,218	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	122,218	122,218	Direct

Footnotes

Shares of PKD common stock in 401(k) as of May 19, 2016.
Each phantom stock unit represents a contingent right to receive a cash amount equivalent to one share of PKD common stock.
Each restricted stock unit represents a contingent right to receive one share of PKD common stock.
Sale made to satisfy tax obligations incurred from the vesting of 25,578 RSUs pursuant to a prearranged trading plan in accordance with Rule 10b5-1 of the Securities Exchange Action of 1934, as amended, and the policies of the Company regarding transaction in the securities. The trading plan is part of an individual long-term asset diversification, tax and financial planning strategy.