RPC INC — Director's Dealing 2018

Jan 24, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RPC INC (RES)
CIK: 0000742278
Period of Report: 2017-11-30

Reporting Person: ROLLINS R RANDALL (Director, Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-30	Common Stock, $.10 Par Value	G	17151	—	Disposed	1060877	Direct
2018-01-22	Common Stock, $.10 Par Value	F	5174	$25.41	Disposed	1055703	Direct
2018-01-23	Common Stock, $.10 Par Value	A	45000	—	Acquired	1100703	Direct
2017-11-30	Common Stock, $ .10 Par Value	G	1163	—	Acquired	258269	Indirect
2017-11-30	Common Stock, $.10 Par Value	G	15988	—	Acquired	727050	Indirect
2017-12-31	Common Stock, $.10 Par Value	S	727050	—	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.10 Par Value	129876265	Indirect
Common Stock, $.10 Par Value	1228400	Indirect
Common Stock, $ .10 Par Value	11292525	Indirect

Footnotes

F1: The reporting person gifted the following shares for no consideration: 15,988 to his descendants and 1,163 to his spouse.

F2: Represents 45,000 shares of restricted stock that vest annually in 20 percent increments beginning in 2020.

F3: The reporting person disclaims for the purpose of Section 16 of the Securities and Exchange Act of 1934 the beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission of such beneficial ownership.

F4: The reporting person formerly held an indirect interest in the trustee of the general partner (the "Partner") of the limited partnership that owns 727,050 securities of the issuer together with a portfolio of other significant assets. On December 31, 2017, the Partner sold all of its partnership interests in such partnership for an estimated aggregate purchase price of $102,700.