| FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
| |||||||||||||||
| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol RPC INC [ RES ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| ||||||||||||||||||||||||
| 3. Date of Earliest Transaction (Month/Day/Year) 08/03/2020 | ||||||||||||||||||||||||||
| 4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
| |||||||||||||||||||||||||
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock, $.10 Par Value | 08/03/2020 | J | 130,215,406(1) | D | $0 | 17(2) | I | Held indirectly through RFPS Investments II, L.P. | ||
| Comon Stock, $.10 Par Value | 08/03/2020 | J | 101,510(1) | A | $0 | 101,510(2) | I | Held indirectly through LOR Investment Company, LLC | ||
| Common Stock, $.10 Par Value | 08/03/2020 | J | 84,675,913(1) | A | $0 | 84,675,913(2) | I | Held indirectly through LOR, INC. | ||
| Common Stock, $.10 Par Value | 08/03/2020 | J | 2,544,785(1) | A | $0 | 2,544,785(2) | I | Held indirectly through Rollins Holding Company, Inc. | ||
| Common Stock, $.10 Par Value | 08/03/2020 | J | 1,171(1) | A | $0 | 1,171(2) | I | Held indirectly through o The R. Randall Rollins Voting Trust U/A dated August 25, 1994 | ||
| Common Stock, $.10 Par Value | 08/03/2020 | J | 15,677,030(1) | A | $0 | 15,677,030(2) | I | Held indirectly through RCTLOR, LLC | ||
| Common Stock, $.10 Par Value | 08/03/2020 | J | 10,279,139(1) | A | $0 | 10,279,139(2) | I | Held indirectly through seven family trusts | ||
| Common Stock, $.10 Par Value | 08/03/2020 | J | 335,422(1) | A | $0 | 335,422(2) | I | Held indirectly through The R. Randall Rollins 2012 Trust | ||
| Common Stock, $.10 Par Value | 1,068,606 | D | ||||||||
| Common Stock, $.10 Par Value | 268,092 | I(2) | By Spouse | |||||||
| Common Stock, $10 Par Value | 889,242 | I | Held indirectly through RFA Management Company, LLC | |||||||
| Common Stock, $.10 Par Value | 11,292,525 | I | Held indirectly through RFT Investment Company, LLC | |||||||
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Explanation of Responses: |
| 1. These shares were distributed to the equity holders of RFPS Investments II, L.P., for no consideration, in connection with the dissolution of RFPS Investments II, L.P. |
| 2. 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. |
| /s/ Callum Mcgregor as attorney-in-fact for R. Randall Rollins | 08/05/2020 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
