Helmerich & Payne, Inc. — Director's Dealing 2012

Dec 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HELMERICH & PAYNE INC (HP)
CIK: 0000046765
Period of Report: 2012-12-13

Reporting Person: MACKEY STEVEN R (Exec. Vice Pres., Gen. Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-13	Common Stock	M	12500	$16.01	Acquired	61752	Direct
2012-12-13	Common Stock	S	12500	$54.603	Disposed	49252	Direct
2012-12-13	Common Stock	S	19333	$54.239	Disposed	29919	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-13	Stock Option (right to buy)	$16.01	M	12500	Disposed	2014-12-01	Common Stock (12500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3609	Indirect

Footnotes

F1: The noted price is the weighted average sale price for all sales. The range of prices for the transactions were as follows: $54.60 to $54.617. The reporting person undertakes to provide upon request of the SEC staff, the issuer or a stockholder of the issuer, full information regarding the number of shares sold at each separate price.

F2: The noted price is the weighted average sale price for all sales. The range of prices for the transactions were as follows: $53.94 to $54.66. The reporting person undertakes to provide upon request of the SEC staff, the issuer or a stockholder of the issuer, full information regarding the number of shares sold at each separate price.

F3: The options were granted under the Helmerich & Payne, Inc. 2000 Stock Incentive Plan on 12/1/04 and vested over 4 years in 25% increments. The noted date represents the date options first vested.