<SEC-DOCUMENT>0001104659-16-138609.txt : 20160810 <SEC-HEADER>0001104659-16-138609.hdr.sgml : 20160810 <ACCEPTANCE-DATETIME>20160810145649 ACCESSION NUMBER: 0001104659-16-138609 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160810 ITEM INFORMATION: Other Events FILED AS OF DATE: 20160810 DATE AS OF CHANGE: 20160810 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Helmerich & Payne, Inc. CENTRAL INDEX KEY: 0000046765 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 730679879 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04221 FILM NUMBER: 161821202 BUSINESS ADDRESS: STREET 1: 1437 S. BOULDER AVE., SUITE 1400 CITY: TULSA STATE: OK ZIP: 74119 BUSINESS PHONE: 9187425531 MAIL ADDRESS: STREET 1: 1437 S. BOULDER AVE., SUITE 1400 CITY: TULSA STATE: OK ZIP: 74119 FORMER COMPANY: FORMER CONFORMED NAME: HELMERICH & PAYNE INC DATE OF NAME CHANGE: 19920703 </SEC-HEADER> <DOCUMENT> <TYPE>8-K <SEQUENCE>1 <FILENAME>a16-16457_18k.htm <DESCRIPTION>CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES <TEXT> <html> <head> </head> <body link=blue lang="EN-US"> <div style="font-family:Times New Roman;"> <div style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:none;border-top:solid windowtext 3.0pt;padding:1.0pt 0in 1.0pt 0in;"> <p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="1" face="Times New Roman" style="font-size:1.0pt;"> </font></p> </div> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;"> </font></b></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">UNITED STATES</font></b></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</font></b></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">WASHINGTON, D.C.  20549</font></b></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <div align="center" style="margin:0in 0in .0001pt;text-align:center;"><hr size="1" width="25%" noshade align="center" style="color:black;"></div> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">FORM 8-K</font></b></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">CURRENT REPORT</font></b></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">PURSUANT TO SECTION 13 OR 15 (d)</font></b></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">OF THE SECURITIES EXCHANGE ACT OF 1934</font></b></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">DATE OF EARLIEST EVENT REPORTED:<b>  August 10, 2016</b></font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">HELMERICH & PAYNE, INC.</font></b></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Exact name of registrant as specified in its charter)</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">State of Incorporation:<b>  Delaware</b></font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">COMMISSION FILE NUMBER<b> 1-4221</b></font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Internal Revenue Service – Employer Identification No.<b> 73-0679879</b></font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;"> </font></b></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1437 South Boulder Avenue, Suite 1400, Tulsa, Oklahoma 74119</font></b></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Address of Principal Executive Offices)</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(918)742-5531</font></b></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Registrant’s telephone number, including area code)</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">N/A</font></b></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Former Name or Former Address, if Changed since Last Report)</font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <div align="center" style="margin:0in 0in .0001pt;text-align:center;"><hr size="1" width="25%" noshade align="center" style="color:black;"></div> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <div style="border-bottom:solid windowtext 3.0pt;border-left:none;border-right:none;border-top:solid windowtext 1.0pt;padding:1.0pt 0in 1.0pt 0in;"> <p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="1" face="Times New Roman" style="font-size:1.0pt;"> </font></p> </div> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div> </div> <!-- SEQ.=1,FOLIO='',FILE='C:\JMS\106747\16-16457-1\task8058642\16457-1-ba.htm',USER='106747',CD='Aug 9 22:00 2016' --> <br clear="all" style="page-break-before:always;"> <div style="font-family:Times New Roman;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ITEM 8.01</font></b>           <b>OTHER EVENTS.</b></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Helmerich & Payne, Inc. (the “Company,” “we,” “our” or “us”) is filing this Current Report on Form 8-K to provide the following updated description of its capital stock in order to facilitate the filing of a Registration Statement on Form S-8 covering shares of its common stock that may be issued from time to time under the Helmerich & Payne, Inc. 2016 Omnibus Incentive Plan, which was approved by the Company’s stockholders on March 2, 2016.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">DESCRIPTION OF CAPITAL STOCK</font></b></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">General</font></b></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">We have the authority to issue 161,000,000 shares of capital stock, consisting of 160,000,000 shares of common stock, par value $0.10 per share, and 1,000,000 shares of preferred stock, without par value.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Common Stock</font></b></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">As of July 31, 2016, 108,066,141 shares of our common stock were outstanding. All of the outstanding shares of our common stock are fully paid and nonassessable.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt 12.2pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Voting Rights</font></i></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The holders of our common stock are entitled to one vote for each share of common stock held on all matters voted upon by stockholders, including the election of directors. Holders of our common stock have no right to cumulate their votes in the election of directors.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt 12.2pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Dividend Rights</font></i></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Subject to the rights of any then-outstanding shares of our preferred stock, the holders of our common stock are entitled to receive dividends as may be declared in the discretion of the board of directors out of funds legally available for the payment of dividends.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt 12.2pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Liquidation Rights</font></i></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The holders of our common stock are entitled to share equally and ratably in our net assets upon a liquidation or dissolution after the payment or provision for all liabilities, subject to any preferential liquidation rights of any preferred stock that at the time may be outstanding.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt 12.2pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">No Preemptive, Conversion or Redemption Rights</font></i></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The holders of our common stock have no preemptive, subscription, conversion or redemption rights, and are not subject to further calls or assessments by us. There are no sinking fund provisions applicable to the common stock.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt 12.2pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Listing</font></i></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Our common stock is traded on the New York Stock Exchange under the symbol “HP.”</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">2<a name="PB_2_215618_1307"></a></p> <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div> </div> <!-- SEQ.=1,FOLIO='2',FILE='C:\JMS\106747\16-16457-1\task8058642\16457-1-ba.htm',USER='106747',CD='Aug 9 22:00 2016' --> <br clear="all" style="page-break-before:always;"> <div style="font-family:Times New Roman;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Preferred Stock</font></b></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">As of July 31, 2016, there were no outstanding shares of preferred stock. Our board of directors may, without further approval of the stockholders, issue preferred stock from time to time in one or more series and fix the dividend rates and terms, conversion rights, voting rights, redemption rights and terms, liquidation preferences, sinking fund and any other rights, preferences, privileges and restrictions applicable to each series of preferred stock. The purpose of authorizing the board of directors to determine these rights, preferences, privileges and restrictions is to eliminate delays associated with a stockholder vote on specific issuances.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The specific matters that the board of directors may determine include the following:</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>the designation of each series;</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>the number of shares of each series;</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>the rate of any dividends and the times at which, and the terms and conditions on which, such dividends will be paid;</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>whether any dividends will be cumulative or non-cumulative;</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>rights and terms of any conversion or exchange;</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>the terms of any redemption;</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>the amount payable in the event of any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Company;</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>the terms of any sinking fund or redemption or purchase account;</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>any voting rights; and</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>restrictions on the issuance of shares of the same series or any other series.</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Effects of Certain Provisions of our Certificate of Incorporation and Bylaws and Delaware Law</font></b></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Our certificate of incorporation and bylaws and Delaware law contain provisions that may deter or render more difficult proposals to acquire control of our company, including proposals a stockholder might consider to be in his or her best interest, impede or lengthen a change in membership of the board of directors and make removal of our management more difficult.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt 12.2pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Action by Stockholders Without a Meeting</font></i></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Our bylaws provide that stockholder action by written consent must be unanimous.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt 12.2pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Special Meetings of Stockholders</font></i></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Our bylaws provide that special meetings of the stockholders may be called at any time only by the board of directors or the president. The only business that may be conducted at a special meeting of stockholders is that business specified in the notice of the meeting.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">3<a name="PB_3_215635_7056"></a></p> <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div> </div> <!-- SEQ.=1,FOLIO='3',FILE='C:\JMS\106747\16-16457-1\task8058642\16457-1-ba.htm',USER='106747',CD='Aug 9 22:00 2016' --> <br clear="all" style="page-break-before:always;"> <div style="font-family:Times New Roman;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt 12.2pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Advance Notice Provisions</font></i></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Our bylaws provide that proposals and director nominations made by a stockholder to be voted upon at any annual meeting or special meeting of stockholders may be taken only if such proposal or director nomination is “properly presented” at such meeting. In order for any matter, as the case may be, to be considered “properly presented” at such meeting, a stockholder must comply with certain requirements regarding advance notice to us.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt 12.2pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Vacancies on the Board of Directors</font></i></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.35pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Our bylaws provide that vacancies on our board of directors arising through death, resignation, retirement, removal, an increase in the number of directors or otherwise, shall be filled only by a majority of the directors then in office, though less than a quorum.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt 12.2pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Issuance of Preferred Stock</font></i></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">As described above, our certificate of incorporation authorizes a class of undesignated preferred stock consisting of 1,000,000 shares. Preferred stock may be issued from time to time in one or more series, and the board of directors, without further approval of the stockholders, is authorized to fix the rights, preferences, privileges and restrictions applicable to each series of preferred stock. The purpose of authorizing the board of directors to determine these rights, preferences, privileges and restrictions is to eliminate delays associated with a stockholder vote on specific issuances. The issuance of preferred stock, while providing flexibility in connection with possible acquisitions and other corporate purposes, could, among other things, adversely affect the voting power of the holders of our common stock and, under certain circumstances, make it more difficult for a third party to gain control of us.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt 12.2pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Merger Provisions</font></i></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Our certificate of incorporation provides that the affirmative vote of at least two-thirds of our outstanding stock entitled to vote is required in order for us to:</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>merge and/or consolidate with any other corporation unless we own at least 90% of the outstanding shares of the other corporation; or</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>sell, lease, exchange, transfer or otherwise dispose of all or substantially all of our assets or business.</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Our certificate of incorporation provides that the affirmative vote of at least three-fourths of our outstanding stock entitled to vote is required in order for us to:</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>sell, lease, exchange, transfer or otherwise dispose of all or substantially all of our assets or business to a related corporation (defined as a stockholder owning more than 5% of our outstanding shares of any class of stock entitled to vote) or an affiliate of a related corporation; or</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>merge with a related corporation or an affiliate of a related corporation; or</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>enter into a combination or majority share acquisition in which we are the acquiring corporation and our voting shares are issued or transferred to a related corporation or an affiliate of a related corporation or to stockholders of a related corporation.</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">4<a name="PB_4_215650_5335"></a></p> <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div> </div> <!-- SEQ.=1,FOLIO='4',FILE='C:\JMS\106747\16-16457-1\task8058642\16457-1-ba.htm',USER='106747',CD='Aug 9 22:00 2016' --> <br clear="all" style="page-break-before:always;"> <div style="font-family:Times New Roman;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt 12.2pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Delaware Business Combination Statute</font></i></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:27.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">We are a Delaware corporation and are subject to Section 203 of the General Corporation Law of the State of Delaware. In general, Section 203 prohibits a “business combination” between a corporation and an “interested stockholder” within three years of the time the stockholder became an interested stockholder, unless:</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>prior to such time, the board of directors of the corporation approved either the business combination or the transaction that resulted in the stockholder becoming an interested stockholder;</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>upon consummation of the transaction that resulted in the stockholder becoming an interested stockholder, the interested stockholder owned at least 85% of the voting stock of the corporation outstanding at the time the transaction commenced, exclusive of shares owned by directors who are also officers and by certain employee stock plans; or</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt 45.0pt;text-indent:-.25in;"><font size="2" face="Symbol" style="font-size:10.0pt;">·</font><font size="1" style="font-size:3.0pt;">                  </font>at or subsequent to such time, the business combination is approved by the board of directors and authorized at a stockholders’ meeting by at least two-thirds of the outstanding voting stock that is not owned by the interested stockholder.</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Generally, a “business combination” includes a merger, asset or stock sale, or other transaction resulting in a financial benefit to the interested stockholder. Generally, an “interested stockholder” is a person who owns, individually or with or through other persons, 15% or more of the corporation’s outstanding voting stock.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Transfer Agent and Registrar</font></b></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:24.5pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The transfer agent and registrar for our common stock is Computershare Trust Company, N.A.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SIGNATURES</font></b></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly authorized the undersigned to sign this report on its behalf.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;"> <tr> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;"> </font></p> </td> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">HELMERICH & PAYNE, INC.</font></p> </td> </tr> <tr> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;"> </font></p> </td> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Registrant)</font></p> </td> </tr> <tr> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> </td> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> </td> </tr> <tr> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;"> </font></p> </td> <td width="50%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/S/ Jonathan M. Cinocca</font></p> </td> </tr> <tr> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;"> </font></p> </td> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Jonathan M. Cinocca</font></p> </td> </tr> <tr> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;"> </font></p> </td> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Corporate Secretary</font></p> </td> </tr> <tr> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> </td> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> </td> </tr> <tr> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;"> </font></p> </td> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">DATE: August 10, 2016</font></p> </td> </tr> </table> <p style="margin:0in 0in .0001pt;text-indent:4.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">5<a name="PB_5_215727_5796"></a></p> <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div> </div> <!-- SEQ.=1,FOLIO='5',FILE='C:\JMS\106747\16-16457-1\task8058642\16457-1-ba.htm',USER='106747',CD='Aug 9 22:00 2016' --> </body> </html> </TEXT> </DOCUMENT> </SEC-DOCUMENT>