HERCULES OFFSHORE, INC. 4
4 · HERCULES OFFSHORE, INC. · Filed Feb 20, 2015
Insider Transaction Report
Form 4
Carson Troy L
VP, Corp. Controller and PAO
Transactions
- Tax Payment
Common Stock, Par Value $0.01 Per Share
2015-02-19$0.89/sh−3,900$3,463→ 170,220 total - Sale
Common Stock, Par Value $0.01 Per Share
2015-02-20$0.91/sh−1,206$1,097→ 169,014 total
Footnotes (2)
- [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.
- [F2]Shares automatically sold upon vesting of previously awarded restricted stock to satisfy tax withholding obligations pursuant to 10b5-1 Agreement.