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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

washington, d.c. 20549

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): August 18, 2020

 

RPC, INC.

(Exact name of registrant as specified in its charter)

 

Delaware 1-8726 58-1550825
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)

(IRS Employer

Identification No.)

 

2801 Buford Highway NE, Suite 300, Atlanta, Georgia 30329

(Address of principal executive office) (zip code)

 

Registrant's telephone number, including area code: (404) 321-2140

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.10 par value   RES   New York Stock Exchange

 

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):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

  Item 8.01 Other Events.

 

On August 18, 2020, RPC, Inc. issued a press release titled, "RPC, Inc. Announces the Passing of its Chairman of the Board, R. Randall Rollins, Sr." The press release announced the passing of Mr. Rollins following an illness.

 

  Item 9.01 Financial Statements and Exhibits.

 

  (d) Exhibits.

 

Exhibit 99 - Press Release dated August 18, 2020.

 

 

 

 

SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, RPC, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  RPC, Inc.  
     
Date:  August 19, 2020 /s/ Ben M. Palmer  
  Ben M. Palmer  
  Vice President and  
  Chief Financial Officer  
     

 

 

 

 

 

 

 

Exhibit 99

 

RPCLogo

 

RPC, Inc. Announces the Passing of its

Chairman of the Board, R. Randall Rollins, Sr.

 

ATLANTA, August 18, 2020 – With deep sadness, RPC, Inc. (NYSE: RES) announced today the passing of R. Randall Rollins, the Company’s Chairman of the Board, who died peacefully following a short illness on August 17, 2020 in the presence of his family. Mr. Rollins was 88 years old. Long-standing Board Member Henry B. Tippie, who serves as Lead Director, and Richard A. Hubbell, Chief Executive Officer and Board Member, will continue in their respective leadership roles until succession plans are announced.

 

“Along with several generations of RPC employees, I am saddened by Randall’s loss,” stated Richard A. Hubbell, Chief Executive Officer. “He exemplified the principles of integrity, innovation and dedication that have characterized RPC since its inception. Randall successfully guided RPC for almost 50 years and always supported our efforts to grow and thrive as a leading oilfield services company.”

 

At the time of his death, R. Randall Rollins served as Chairman of the Board, a position he had held since 1991. He also served as a Director of RPC beginning in 1984, when the Company was formed in a spinoff from Rollins, Inc. Prior to 1984, Randall was responsible for the oilfield services division of Rollins. Randall has served as a member of the Boards for Emory University, SunTrust Banks, Inc., Berry College, Gold Kist, and The Lovett School. In addition to his responsibilities with RPC, at the time of his death, he was Chairman of the Board of Rollins, Inc. and Marine Products Corporation. He was also a member of the Boards of Dover Motorsports, Inc. and the Robert W. Woodruff Health Sciences Center Fund, Inc.

 

RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of Mexico, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets. RPC’s investor website can be found on the internet at RPC.net.

 

For information about RPC, Inc., please contact:

 

Ben M. Palmer

Chief Financial Officer

(404) 321-2140

irdept@rpc.net

 

Jim Landers

Vice President Corporate Services

(404) 321-2162

jlanders@rpc.net

 

 

 

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