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Helmerich & Payne, Inc. Director's Dealing 2015

Dec 2, 2015

14858_dirs_2015-12-02_fc21f19f-e274-44ae-9e77-828483c4b05e.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: 2015-11-30

Reporting Person: Petrie Thomas A. (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-11-30 Stock Option (right to buy) $58.25 A 12561 Acquired 2025-11-30 Common Stock (12561) Direct
2015-12-01 Phantom Stock $ A 44.9022 Acquired Common Stock (44.9022) Direct
2015-12-01 Phantom Stock $ A 345.006 Acquired Common Stock (345.006) Direct

Footnotes

F1: The options were granted under the Helmerich & Payne, Inc. 2010 Long-Term Incentive Plan on 11/30/15. The options vested on the date of grant.

F2: Phantom shares relate to the Helmerich & Payne, Inc. Director Deferred Compensation Plan.

F3: 1-for-1

F4: The shares of phantom stock become payable, in cash only, at the election of the reporting person either (1) in a lump sum payable no later than 60 days following the termination of the reporting person's service as a director or (2) in annual installments for a period of 'x' years (not to exceed 10).