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NEW YORK - The chief financial officer of contract drilling company Helmerich & Payne Inc. exercised options for 20,000 shares of common stock, according to Securities and Exchange Commission filings.
In Form 4s filed with the SEC Wednesday, Douglas E. Fears reported he exercised the options Tuesday for $13.87 apiece and then sold all 20,000 of them on the same day for $63.61 to $65.62 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Helmerich & Payne is based in Tulsa, Okla.
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