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): May 15, 2002 DRIL-QUIP, INC. (Exact name of registrant as specified in its charter) Delaware 001-13439 74-1828067 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 13550 Hempstead Highway Houston, Texas 77040 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (713) 939-7711 ------------------------------ Item 5. Other Events. On May 15, 2002, the Board of Directors of Dril-Quip, Inc. (the "Company") approved amendments to the Company's insider trading policy to permit its officers, directors and other insiders to enter into written plans for trading the Company's securities pursuant to SEC Rule 10b5-1. 2 SIGNATURE 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 hereunto duly authorized. DRIL-QUIP, INC. Date: June 6, 2002 By: /s/ Gary D. Smith --------------------------------- Gary D. Smith Co-Chairman and Co-Chief Executive Officer 3