Sumruld Michael W

SEC source: 0000073756-26-000021 · wk-form4_1771973894.xml · derivative · entry 2

Sumruld Michael W · CIK 0001694261 · SVP, Finance

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 25,050

Underlying: Common Stock · 25,050 shares

Expires not disclosed

F2 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.

F3 · derivative.exercise_date: The restricted stock units vest in three equal annual installments on each of February 20, 2027, 2028 and 2029.

F3 · derivative.expiration_date: The restricted stock units vest in three equal annual installments on each of February 20, 2027, 2028 and 2029.

F4 · balance_after: The reported transaction involved the receipt of a grant of restricted stock units by the reported person. The total reported in Column 9 excludes unvested restricted stock units that were granted in previous years, as the reporting person has previously reported awards of restricted stock units in Table I of Form 4.

SEC source: 0000073756-26-000021 · wk-form4_1771973894.xml · derivative · entry 1

Sumruld Michael W · CIK 0001694261 · SVP, Finance

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 25,050

Underlying: Common Stock · 25,050 shares

Expires 2028-12-31

F1 · derivative.exercise_price: Each performance stock unit represents a contingent right to receive between zero and two shares of the Company's common stock. The performance stock units vest upon achievement of specific target levels of performance.

F1 · derivative.exercise_date: Each performance stock unit represents a contingent right to receive between zero and two shares of the Company's common stock. The performance stock units vest upon achievement of specific target levels of performance.

SEC source: 0000076321-20-000024 · wf-form4_158560048499247.xml · derivative · entry 6

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,266

Underlying: Common Stock · 6,633 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each phantom stock unit represents a contingent right to receive a cash amount equivalent to the fair market value of one share of the Issuer's common stock on the settlement date.

F2 · price: Each phantom stock unit represents a contingent right to receive a cash amount equivalent to the fair market value of one share of the Issuer's common stock on the settlement date.

F3 · derivative.exercise_date: On February 21, 2020, the Issuer and the Reporting Person agreed to amend and restate the award agreement concerning the restricted stock units to convert one-half of the restricted stock units into phantom stock units. The restricted stock units and phantom stock units will vest in equal installments on each of March 26, 2020, March 26, 2021 and March 26, 2022. The restricted stock units and phantom stock units do not expire. The vested restricted stock units will settle in shares of Issuer common stock, and the vested phantom stock units will settle in cash at the fair market value of the equivalent number of shares of Issuer common stock, with such settlement to occur as soon as practicable following each applicable vesting date.

F3 · derivative.expiration_date: On February 21, 2020, the Issuer and the Reporting Person agreed to amend and restate the award agreement concerning the restricted stock units to convert one-half of the restricted stock units into phantom stock units. The restricted stock units and phantom stock units will vest in equal installments on each of March 26, 2020, March 26, 2021 and March 26, 2022. The restricted stock units and phantom stock units do not expire. The vested restricted stock units will settle in shares of Issuer common stock, and the vested phantom stock units will settle in cash at the fair market value of the equivalent number of shares of Issuer common stock, with such settlement to occur as soon as practicable following each applicable vesting date.

SEC source: 0000076321-20-000024 · wf-form4_158560048499247.xml · derivative · entry 5

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,266

Underlying: Common Stock · 6,633 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of common stock of Parker Drilling Company (the "Issuer").

F1 · price: Each restricted stock unit represents a contingent right to receive one share of common stock of Parker Drilling Company (the "Issuer").

F3 · derivative.exercise_date: On February 21, 2020, the Issuer and the Reporting Person agreed to amend and restate the award agreement concerning the restricted stock units to convert one-half of the restricted stock units into phantom stock units. The restricted stock units and phantom stock units will vest in equal installments on each of March 26, 2020, March 26, 2021 and March 26, 2022. The restricted stock units and phantom stock units do not expire. The vested restricted stock units will settle in shares of Issuer common stock, and the vested phantom stock units will settle in cash at the fair market value of the equivalent number of shares of Issuer common stock, with such settlement to occur as soon as practicable following each applicable vesting date.

F3 · derivative.expiration_date: On February 21, 2020, the Issuer and the Reporting Person agreed to amend and restate the award agreement concerning the restricted stock units to convert one-half of the restricted stock units into phantom stock units. The restricted stock units and phantom stock units will vest in equal installments on each of March 26, 2020, March 26, 2021 and March 26, 2022. The restricted stock units and phantom stock units do not expire. The vested restricted stock units will settle in shares of Issuer common stock, and the vested phantom stock units will settle in cash at the fair market value of the equivalent number of shares of Issuer common stock, with such settlement to occur as soon as practicable following each applicable vesting date.

SEC source: 0000076321-20-000024 · wf-form4_158560048499247.xml · nonDerivative · entry 4

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,452

SEC source: 0000076321-20-000024 · wf-form4_158560048499247.xml · nonDerivative · entry 3

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,085

SEC source: 0000076321-20-000024 · wf-form4_158560048499247.xml · nonDerivative · entry 2

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,701

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Each phantom stock unit represents a contingent right to receive a cash amount equivalent to the fair market value of one share of the Issuer's common stock on the settlement date.

SEC source: 0000076321-20-000024 · wf-form4_158560048499247.xml · nonDerivative · entry 1

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,068

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit represents a contingent right to receive one share of common stock of Parker Drilling Company (the "Issuer").

SEC source: 0000076321-19-000027 · wf-form4_155380797089954.xml · derivative · entry 7

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 397 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · kind: In accordance with the Plan, the Reporting Person also received the right to participate in a rights offering to purchase New Shares for $15.06 per New Share (the Rights Offering) on account of the Old Common Stock held by the Reporting Person and the Reporting Person purchased New Shares in the Rights Offering.

F4 · derivative.exercise_date: In accordance with the Plan, the Reporting Person also received the right to participate in a rights offering to purchase New Shares for $15.06 per New Share (the Rights Offering) on account of the Old Common Stock held by the Reporting Person and the Reporting Person purchased New Shares in the Rights Offering.

F4 · derivative.expiration_date: In accordance with the Plan, the Reporting Person also received the right to participate in a rights offering to purchase New Shares for $15.06 per New Share (the Rights Offering) on account of the Old Common Stock held by the Reporting Person and the Reporting Person purchased New Shares in the Rights Offering.

SEC source: 0000076321-19-000027 · wf-form4_155380797089954.xml · derivative · entry 6

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 441

Underlying: Common Stock · 441 shares

Expires not disclosed

F1 · kind: On December 12, 2018, Parker Drilling Company (the "Issuer") and certain of its U.S. subsidiaries, (collectively, with the Issuer, the "Debtors"), filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On March 7, 2019, the Bankruptcy Court entered an order confirming the Debtors' Amended Joint Chapter 11 Plan of Reorganization, dated as of January 21, 2019 (as amended, modified or supplemented from time to time, the "Plan"), and on March 26, 2019 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy.

F11 · kind: In accordance with the Plan, the Reporting Person also received Warrants to purchase New Shares in exchange for Old Common Stock held by the Reporting Person on the Effective Date.

F1 · price: On December 12, 2018, Parker Drilling Company (the "Issuer") and certain of its U.S. subsidiaries, (collectively, with the Issuer, the "Debtors"), filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On March 7, 2019, the Bankruptcy Court entered an order confirming the Debtors' Amended Joint Chapter 11 Plan of Reorganization, dated as of January 21, 2019 (as amended, modified or supplemented from time to time, the "Plan"), and on March 26, 2019 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy.

F11 · price: In accordance with the Plan, the Reporting Person also received Warrants to purchase New Shares in exchange for Old Common Stock held by the Reporting Person on the Effective Date.

F12 · derivative.exercise_date: On the Effective Date, the Issuer and Equiniti Trust Company, a limited trust company organized under the laws of the State of New York, entered into the Warrant Agreement, dated as of the Effective Date (the "Warrant Agreement") pursuant to which each warrant became exercisable for one New Share. The warrants were exercisable from the date of issuance and expire at 5:00 p.m., New York City time, on the fifth and a half anniversary of the Effective Date.

F12 · derivative.expiration_date: On the Effective Date, the Issuer and Equiniti Trust Company, a limited trust company organized under the laws of the State of New York, entered into the Warrant Agreement, dated as of the Effective Date (the "Warrant Agreement") pursuant to which each warrant became exercisable for one New Share. The warrants were exercisable from the date of issuance and expire at 5:00 p.m., New York City time, on the fifth and a half anniversary of the Effective Date.

SEC source: 0000076321-19-000027 · wf-form4_155380797089954.xml · derivative · entry 5

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,698

Underlying: Common Stock · 59,698 shares

Expires not disclosed

F1 · kind: On December 12, 2018, Parker Drilling Company (the "Issuer") and certain of its U.S. subsidiaries, (collectively, with the Issuer, the "Debtors"), filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On March 7, 2019, the Bankruptcy Court entered an order confirming the Debtors' Amended Joint Chapter 11 Plan of Reorganization, dated as of January 21, 2019 (as amended, modified or supplemented from time to time, the "Plan"), and on March 26, 2019 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy.

F8 · kind: In accordance with the Plan, the Reporting Person received an award of stock options.

F1 · price: On December 12, 2018, Parker Drilling Company (the "Issuer") and certain of its U.S. subsidiaries, (collectively, with the Issuer, the "Debtors"), filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On March 7, 2019, the Bankruptcy Court entered an order confirming the Debtors' Amended Joint Chapter 11 Plan of Reorganization, dated as of January 21, 2019 (as amended, modified or supplemented from time to time, the "Plan"), and on March 26, 2019 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy.

F8 · price: In accordance with the Plan, the Reporting Person received an award of stock options.

F9 · derivative.exercise_date: The stock options will vest and become exercisable as follows: (i) one-third (1/3) on the first anniversary of the Effective Date; (ii) one-third (1/3) on the second anniversary of the Effective Date; and (iii) one-third on the third anniversary of the Effective Date.

F10 · derivative.expiration_date: The stock options expire on the tenth anniversary of the Effective Date.

SEC source: 0000076321-19-000027 · wf-form4_155380797089954.xml · derivative · entry 4

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,798

Underlying: Common Stock · 39,798 shares

Expires not disclosed

F5 · derivative.exercise_price: Each restricted stock unit ("Restricted Stock Unit") represents a contingent right to receive one New Share.

F1 · kind: On December 12, 2018, Parker Drilling Company (the "Issuer") and certain of its U.S. subsidiaries, (collectively, with the Issuer, the "Debtors"), filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On March 7, 2019, the Bankruptcy Court entered an order confirming the Debtors' Amended Joint Chapter 11 Plan of Reorganization, dated as of January 21, 2019 (as amended, modified or supplemented from time to time, the "Plan"), and on March 26, 2019 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy.

F6 · kind: In accordance with the Plan, the Reporting Person received an award of Restricted Stock Units.

F1 · price: On December 12, 2018, Parker Drilling Company (the "Issuer") and certain of its U.S. subsidiaries, (collectively, with the Issuer, the "Debtors"), filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On March 7, 2019, the Bankruptcy Court entered an order confirming the Debtors' Amended Joint Chapter 11 Plan of Reorganization, dated as of January 21, 2019 (as amended, modified or supplemented from time to time, the "Plan"), and on March 26, 2019 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy.

F6 · price: In accordance with the Plan, the Reporting Person received an award of Restricted Stock Units.

F7 · derivative.exercise_date: The Restricted Stock Units will vest as follows: (i) one-third (1/3) on the first anniversary of the Effective Date; (ii) one-third (1/3) on the second anniversary of the Effective Date; and (iii) one-third on the third anniversary of the Effective Date. The Restricted Stock Units do not expire. The vested Restricted Stock Units will settle as soon as practicable following each applicable vesting date.

F7 · derivative.expiration_date: The Restricted Stock Units will vest as follows: (i) one-third (1/3) on the first anniversary of the Effective Date; (ii) one-third (1/3) on the second anniversary of the Effective Date; and (iii) one-third on the third anniversary of the Effective Date. The Restricted Stock Units do not expire. The vested Restricted Stock Units will settle as soon as practicable following each applicable vesting date.

SEC source: 0000076321-19-000027 · wf-form4_155380797089954.xml · nonDerivative · entry 3

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 435

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · kind: In accordance with the Plan, the Reporting Person also received the right to participate in a rights offering to purchase New Shares for $15.06 per New Share (the Rights Offering) on account of the Old Common Stock held by the Reporting Person and the Reporting Person purchased New Shares in the Rights Offering.

F4 · price: In accordance with the Plan, the Reporting Person also received the right to participate in a rights offering to purchase New Shares for $15.06 per New Share (the Rights Offering) on account of the Old Common Stock held by the Reporting Person and the Reporting Person purchased New Shares in the Rights Offering.

SEC source: 0000076321-19-000027 · wf-form4_155380797089954.xml · nonDerivative · entry 2

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38

F1 · kind: On December 12, 2018, Parker Drilling Company (the "Issuer") and certain of its U.S. subsidiaries, (collectively, with the Issuer, the "Debtors"), filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On March 7, 2019, the Bankruptcy Court entered an order confirming the Debtors' Amended Joint Chapter 11 Plan of Reorganization, dated as of January 21, 2019 (as amended, modified or supplemented from time to time, the "Plan"), and on March 26, 2019 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy.

F3 · kind: New shares of the Issuer's common stock, $0.01 par value per share (the "New Shares") were issued to the Reporting Person pursuant to the Plan in exchange for Old Common Stock held by the Reporting Person on the Effective Date under the Plan. The receipt of New Shares was involuntary, without additional consideration and in accordance with the Plan approved by the Bankruptcy Court.

F1 · price: On December 12, 2018, Parker Drilling Company (the "Issuer") and certain of its U.S. subsidiaries, (collectively, with the Issuer, the "Debtors"), filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On March 7, 2019, the Bankruptcy Court entered an order confirming the Debtors' Amended Joint Chapter 11 Plan of Reorganization, dated as of January 21, 2019 (as amended, modified or supplemented from time to time, the "Plan"), and on March 26, 2019 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy.

F3 · price: New shares of the Issuer's common stock, $0.01 par value per share (the "New Shares") were issued to the Reporting Person pursuant to the Plan in exchange for Old Common Stock held by the Reporting Person on the Effective Date under the Plan. The receipt of New Shares was involuntary, without additional consideration and in accordance with the Plan approved by the Bankruptcy Court.

SEC source: 0000076321-19-000027 · wf-form4_155380797089954.xml · nonDerivative · entry 1

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · kind: On December 12, 2018, Parker Drilling Company (the "Issuer") and certain of its U.S. subsidiaries, (collectively, with the Issuer, the "Debtors"), filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On March 7, 2019, the Bankruptcy Court entered an order confirming the Debtors' Amended Joint Chapter 11 Plan of Reorganization, dated as of January 21, 2019 (as amended, modified or supplemented from time to time, the "Plan"), and on March 26, 2019 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy.

F2 · kind: On the Effective Date, all outstanding shares of the Issuer's common stock ("Old Common Stock") were cancelled and extinguished.

F1 · price: On December 12, 2018, Parker Drilling Company (the "Issuer") and certain of its U.S. subsidiaries, (collectively, with the Issuer, the "Debtors"), filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On March 7, 2019, the Bankruptcy Court entered an order confirming the Debtors' Amended Joint Chapter 11 Plan of Reorganization, dated as of January 21, 2019 (as amended, modified or supplemented from time to time, the "Plan"), and on March 26, 2019 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy.

F2 · price: On the Effective Date, all outstanding shares of the Issuer's common stock ("Old Common Stock") were cancelled and extinguished.

SEC source: 0000899243-19-007127 · doc4.xml · derivative · entry 3

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 18,632 shares

Expires not disclosed

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Company common stock.

F3 · kind: In connection with the Company's corporate reorganization and in accordance with the terms and conditions of the Company's 2010 Long-Term Incentive Plan (as amended and restated as of May 8, 2013), the Company's Compensation Committee determined on March 7, 2019 to cancel all outstanding incentive awards, including RSUs and PSUs. In exchange, the Committee exercised its discretion to determine a reasonable approximation of the value thereof and approved a payment to holders of such RSUs and PSUs of $0.33 per unit.

F3 · price: In connection with the Company's corporate reorganization and in accordance with the terms and conditions of the Company's 2010 Long-Term Incentive Plan (as amended and restated as of May 8, 2013), the Company's Compensation Committee determined on March 7, 2019 to cancel all outstanding incentive awards, including RSUs and PSUs. In exchange, the Committee exercised its discretion to determine a reasonable approximation of the value thereof and approved a payment to holders of such RSUs and PSUs of $0.33 per unit.

F2 · derivative.exercise_date: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Company common stock.

F2 · derivative.expiration_date: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Company common stock.

SEC source: 0000899243-19-007127 · doc4.xml · derivative · entry 2

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 11,562 shares

Expires not disclosed

F1 · derivative.exercise_price: Each phantom stock unit ("PSU") represents a contingent right to receive a cash amount equivalent to one share of Parker Drilling Company (the "Company") common stock

F3 · kind: In connection with the Company's corporate reorganization and in accordance with the terms and conditions of the Company's 2010 Long-Term Incentive Plan (as amended and restated as of May 8, 2013), the Company's Compensation Committee determined on March 7, 2019 to cancel all outstanding incentive awards, including RSUs and PSUs. In exchange, the Committee exercised its discretion to determine a reasonable approximation of the value thereof and approved a payment to holders of such RSUs and PSUs of $0.33 per unit.

F3 · price: In connection with the Company's corporate reorganization and in accordance with the terms and conditions of the Company's 2010 Long-Term Incentive Plan (as amended and restated as of May 8, 2013), the Company's Compensation Committee determined on March 7, 2019 to cancel all outstanding incentive awards, including RSUs and PSUs. In exchange, the Committee exercised its discretion to determine a reasonable approximation of the value thereof and approved a payment to holders of such RSUs and PSUs of $0.33 per unit.

F1 · derivative.exercise_date: Each phantom stock unit ("PSU") represents a contingent right to receive a cash amount equivalent to one share of Parker Drilling Company (the "Company") common stock

F1 · derivative.expiration_date: Each phantom stock unit ("PSU") represents a contingent right to receive a cash amount equivalent to one share of Parker Drilling Company (the "Company") common stock

SEC source: 0001246360-18-002302 · form.xml · derivative · entry 4

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,632

Underlying: Common Stock · 3,536 shares

Expires 2018-10-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of PKD common stock.

F2 · shares: On July 27, 2018, the Issuer effected a 1-for-15 reverse stock split of its common stock (the Reverse Stock Split). The amount of securities reported on this Form 4 have been adjusted to reflect the reverse stock split and rounded down to the nearest whole share.

F3 · price: Each restricted stock unit represents a contingent right to receive one share of PKD common stock.

SEC source: 0001246360-18-002302 · form.xml · nonDerivative · entry 2

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,674

SEC source: 0001246360-18-002302 · form.xml · nonDerivative · entry 1

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,536

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · shares: On July 27, 2018, the Issuer effected a 1-for-15 reverse stock split of its common stock (the Reverse Stock Split). The amount of securities reported on this Form 4 have been adjusted to reflect the reverse stock split and rounded down to the nearest whole share.

SEC source: 0001246360-18-001130 · form.xml · derivative · entry 2

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 332,529

Underlying: Common Stock · 173,438 shares

Expires 2020-10-01

F2 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of PKD common stock.

F2 · price: Each restricted stock unit represents a contingent right to receive one share of PKD common stock.

SEC source: 0001246360-18-001130 · form.xml · derivative · entry 1

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 173,438

Underlying: Common Stock · 173,438 shares

Expires 2021-03-20

F1 · derivative.exercise_price: Each phantom stock unit represents a contingent right to receive a cash amount equivalent to one share of PKD common stock.

F1 · price: Each phantom stock unit represents a contingent right to receive a cash amount equivalent to one share of PKD common stock.

SEC source: 0001246360-17-002846 · form.xml · derivative · entry 1

Sumruld Michael W · CIK 0001694261 · Sr. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 159,091

Underlying: Common Stock · 159,091 shares

Expires 2020-10-01

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of PKD common stock.

F1 · shares: Each restricted stock unit represents a contingent right to receive one share of PKD common stock.

F1 · price: Each restricted stock unit represents a contingent right to receive one share of PKD common stock.

F2 · derivative.exercise_date: These RSUs vest in three equal annual installments beginning on October 1, 2018.

SEC source: 0001225208-17-004032 · doc4.xml · derivative · entry 2

Sumruld Michael W · CIK 0001694261 · VP & Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,063

Underlying: Class A ordinary shares · 4,063 shares

Expires 2027-02-16

F2 · derivative.exercise_date: Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 1,355 vest on February 16, 2018, 1,354 vest on February 16, 2019 and 1,354 vest on February 16, 2020.

SEC source: 0001225208-17-004032 · doc4.xml · nonDerivative · entry 1

Sumruld Michael W · CIK 0001694261 · VP & Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 945

F1 · balance_after: Includes 945 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan granted on February 16, 2017 that vest on February 16, 2020.