RPC INC — Director's Dealing 2011

Apr 13, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RPC INC (RES)
CIK: 0000742278
Period of Report: 2011-04-11

Reporting Person: HUBBELL RICHARD A (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-11	Common Stock	M	144108	$2.59	Acquired	1695306	Direct
2011-04-11	Common Stock	F	16406	$22.75	Disposed	1678900	Direct
2011-04-11	Common Stock	M	109014	$2.59	Acquired	1787914	Direct
2011-04-11	Common Stock	F	53418	$22.75	Disposed	1734496	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-04-11	Incentive Stock Option	$2.59	M	144108	Disposed	2011-04-24	Common Stock (144108)	Direct
2011-04-11	Non-Qualified Stock Option	$2.59	M	109014	Disposed	2011-04-24	Common Stock (109014)	Direct

Footnotes

F1: Stock option vests ratably over five years from date of grant developed in compliance with IRS regulations.

F2: Non-Qualified option vests over five years based on a predetermined schedule.