Filing Details

Accession Number:
0000899243-19-012981
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-05-10 13:33:11
Reporting Period:
2019-05-08
Accepted Time:
2019-05-10 13:33:11
SEC Url:
Form 4 Filing
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
1054846 Varde Partners Inc 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes No
1138267 Varde Partners Lp 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes No
1452534 Varde Investment Partners Lp 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes No
1704946 Varde Skyway Master Fund, L.p. 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes No
1704964 Varde Skyway Fund G.p., Llc 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes No
1704990 Varde Investment Partners G.p., Llc 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes No
1705023 Varde Investment Partners (Offshore) Master, L.p. 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes No
1706059 G George Hicks 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes No
1744511 Varde Credit Partners Master, L.p. 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes No
1744512 Varde Credit Partners G.p., Llc 901 Marquette Ave. S., Suite 3300
Minneapolis MN 55402
No No Yes 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 2019-05-08 23,633 $20.10 1,233,731 No 4 P Indirect See Footnotes
Common Stock Acquisiton 2019-05-08 26,052 $20.10 1,283,667 No 4 P Indirect See Footnotes
Common Stock Acquisiton 2019-05-08 34,003 $20.10 1,627,499 No 4 P Indirect See Footnotes
Common Stock Acquisiton 2019-05-08 40,312 $20.10 1,746,697 No 4 P Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
Footnotes
  1. Shares of common stock of Parker Drilling Company (the "Issuer") held directly by The Varde Skyway Master Fund, L.P. ("Master Skyway Fund").
  2. Shares of common stock of the Issuer held directly by Varde Investment Partners (Offshore) Master, L.P. ("VIP Offshore").
  3. Shares of common stock of the Issuer held directly by Varde Investment Partners, L.P. ("VIP").
  4. Shares of common stock of the Issuer held directly by Varde Credit Partners Master, L.P. ("VCPM").
  5. The Varde Skyway Fund G.P., LLC ("Skyway Fund GP") is the general partner of Master Skyway Fund. Varde Investment Partners G.P., LLC ("VIP GP") is the general partner of VIP Offshore and VIP. Varde Credit Partners G.P., LLC ("VCPM GP") is the general partner of VCPM. Varde Partners, L.P. ("Managing Member") is the managing member of Skyway Fund GP, VIP GP and VCPM GP. Varde Partners, Inc. ("General Partner") is the general partner of the Managing Member. George G. Hicks is the Chief Executive Officer of the General Partner.
  6. (Continued from footnote 5) Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.