Mary M. VanDeWeghe - Mar 2, 2022 Form 4 Insider Report for Helmerich & Payne, Inc. (HP)

Role
Director
Signature
/s/ William H. Gault by Power of Attorney for Mary M VanDeWeghe
Stock symbol
HP
Transactions as of
Mar 2, 2022
Transactions value $
$0
Form type
4
Date filed
3/4/2022, 03:06 PM

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 +4.73K +38.62% $0.00 17K Mar 2, 2022 Common Stock 4.73K 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 either (1) in a lump sum payable no later than 60 days following the termination of the reporting person's service as Director, or (2) in annual installments for a period of 'x' years (not to exceed 10).