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Table of Contents ( MARK ONE ) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from Title of Each Class Common Stock , $ .01 par value to Delaware ( State or other jurisdiction of incorporation or organization ) or 6401 N. Eldridge Parkway Houston , Texas ( Address of principal executive offices ) Large accelerated filer Non - Accelerated filer Commission file number 001-13439 DRIL - QUIP , INC . ( Exact name of registrant as specified in its charter ) 74-2162088 ( IRS Employer Identification No. ) 77041 ( Zip code ) Registrant's telephone number , including area code : ( 713 ) 939-7711 Securities registered pursuant to Section 12 ( b ) of the Act : Trading symbol ( s ) DRQ per share Securities registered pursuant to Section 12 ( g ) of the Act : None Name of Each Exchange on Which Registered New York Stock Exchange Indicate by check mark if the registrant is a well - known seasoned issuer , as defined by Rule 405 of the Securities Act . Yes > No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes ☐ No X Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of regulations S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Accelerated filer Smaller reporting company Emerging growth company ooo 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.¨ □ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . > Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No | At June 30 , 2020 , the aggregate market value of the registrant's Common Stock held by non - affiliates of the registrant was approximately $ 1,031,500,000 based on the closing price of such stock on such date of $ 29.79 . At February 23 , 2021 , the number of shares outstanding of registrant's Common Stock was 35,428,778 . DOCUMENTS INCORPORATED BY REFERENCE Portions of the Registrant's Proxy Statement for its 2020 Annual Meeting of Stockholders to be filed pursuant to Regulation 14A are incorporated by reference in Part III of this Form 10 - K .