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: March 5, 2003 HELMERICH & PAYNE, INC. -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 1-4221 73-0679879 -------------------------------------------------------------------------------- (State or other (Commission File (I.R.S. Employer jurisdiction of Number) Identification incorporation) Number) Utica at Twenty-first Street, Tulsa, Oklahoma 74114 -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (918) 742-5531 -------------------------------------------------------------------------------- (Registrant's telephone number, including area code) N/A -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Page 1 of 2 Pages. Item 5. Other Events and Regulation FD Disclosure. Effective March 5, 2003, Mr. George A. Schaefer retired from the Board of Directors of Registrant. As a consequence, the Registrant's Board of Directors decreased its membership from ten to nine. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. HELMERICH & PAYNE, INC. (Registrant) By: /s/ Steven R. Mackey -------------------------------- Name: Steven R. Mackey Title: Vice President Dated: March 5, 2003 2