X0306 4 2016-03-10 false 0000076321 PARKER DRILLING CO /DE/ PKD 0001188959 PARKER ROBERT L JR 5 GREENWAY PLAZA, SUITE 100 HOUSTON TX 77046 true false false false Common Stock 2016-03-10 4 A false 36155 0 A 1629931.37 D Common Stock 2016-03-10 4 F false 9888 2.09 D 1620043.37 D Restricted Stock Units 0 Common Stock 26525 26525 D Each restricted stock unit represents a contingent right to receive one share of PKD common stock. Represents Performance Share Units (PSUs) that vested on March 10, 2016 and were initially granted in May 2013. Each PSU represented the right to receive one share of the PKD Common Stock, subject to increase or decrease based upon annual total shareholder return (TSR) of the Company as compared to the TSR for each performance peer of the Company and subject to the discretion of the Compensation Committee to reduce the award by up to 20%. The PSUs awarded represent a payout factor of 1.601 times the initial number of PSUs granted. Robert L. Parker Jr 2016-03-14