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Helmerich & Payne, Inc. Director's Dealing 2008

Dec 4, 2008

14858_dirs_2008-12-04_f8668598-0453-42c0-9153-a6adf17c8518.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HELMERICH & PAYNE INC (HP)
CIK: 0000046765
Period of Report: 2008-12-02

Reporting Person: ARMSTRONG WILLIAM L (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-12-02 Stock Option (right to buy) $21.065 A 4122 Acquired 2018-12-02 Common Stock (4122) Direct

Footnotes

F1: The options were granted under the Helmerich & Payne, Inc. 2005 Long-Term Incentive Plan on 12/02/08. The options vested on the date of grant.