Sec Form 4 Filing - ROLLINS GARY W @ RPC INC - 2016-02-24

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
ROLLINS GARY W
2. Issuer Name and Ticker or Trading Symbol
RPC INC [ RES]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
RPC, INC., 2170 PIEDMONT ROAD, N.E.
3. Date of Earliest Transaction (MM/DD/YY)
02/24/2016
(Street)
ATLANTA, GA30324
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 02/24/2016 G V 11,948 D $ 0 ( 1 ) 692,810 ( 2 ) I Held indirectly on account of role in corporate fiduciary
Common Stock, $.10 Par Value 11/30/2016 G V 17,472 A 710,282 ( 2 ) I Held indirectly on account of role in corporate fiduciary
Common Stock, $.10 Par Value 12/02/2016 G V 780 A 711,062 ( 2 ) I Held indirectly on account of role in corporate fiduciary
Common Stock, $.10 Par Value 12/08/2016 G V 199,100 D 4,266,295 D
Common Stock, $.10 Par Value 12/08/2016 G V 199,100 A 3,576,614 ( 2 ) I Co-Trustee of Trust
Common Stock, $.10 Par Value 12/12/2016 S 71,000 D $ 21.1419 3,505,614 ( 2 ) I Co-Trustee of Trust
Common Stock, $.10 Par Value 129,876,265 ( 2 ) I Held indirectly through RFPS Management Co. II, LP
Common Stock, $.10 Par Value 1,228,400 ( 2 ) I Held indirectly through RFPS Investments II, LP
Common Stock, $.10 Par Value 11,292,525 ( 2 ) I Held indirectly through RFT Investment Company LLC
Common Stock, $.10 Par Value 2,970 ( 2 ) I Spouse
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ROLLINS GARY W
RPC, INC.
2170 PIEDMONT ROAD, N.E.
ATLANTA, GA30324
X X
Signatures
/s/ Robert Fugate as Attorney In Fact for Gary W. Rollins 12/14/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Distribution for no consideration from partnership which is controlled by reporting person on account of his role in corporate fiduciary.
( 2 )The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares of common stock.
( 3 )This transaction reports a gift and not a sale.

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).
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