Delaney Murchison Bellinger - 02 Mar 2022 Form 4 Insider Report for Helmerich & Payne, Inc. (HP)

Role
Director
Signature
/s/ William H. Gault as Power of Attorney for Delaney M. Bellinger
Issuer symbol
HP
Transactions as of
02 Mar 2022
Net transactions value
$0
Form type
4
Filing time
04 Mar 2022, 15:05:36 UTC
Next filing
03 Mar 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HP Phantom Stock Award $0 +4,733 +39% $0.000000 16,987 02 Mar 2022 Common Stock 4,733 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom shares relate to the Helmerich & Payne, Inc. Director Deferred Compensation Plan.
F2 1-for-1
F3 The shares of phantom stock become payable, in cash only, at the election of the reporting person (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).