HERCULES OFFSHORE, INC. 4
4 · HERCULES OFFSHORE, INC. · Filed Mar 10, 2014
Insider Transaction Report
Form 4
Carr Terrell L
Vice President ? Worldwide Ops
Transactions
- Tax Payment
Common Stock, Par Value $0.01 Per Share
2014-03-06$4.82/sh−5,089$24,529→ 249,613 total - Tax Payment
Common Stock, Par Value $0.01 Per Share
2014-03-06$4.82/sh−4,294$20,697→ 254,702 total - Tax Payment
Common Stock, Par Value $0.01 Per Share
2014-03-06$4.82/sh−3,749$18,070→ 258,996 total
Footnotes (1)
- [F1]The reporting person disposed of these shares directly to the issuer upon the vesting of previously awarded restricted stock. The purpose of the disposition was to enable the reporting person to satisfy tax withholding obligations that arose upon such vesting, which will be paid by the issuer to the Internal Revenue Service in cash.