HERCULES OFFSHORE, INC. 4
4 · HERCULES OFFSHORE, INC. · Filed Mar 4, 2015
Insider Transaction Report
Form 4
Riddle Kimberly A
Vice President, HR
Transactions
- Tax Payment
Common Stock, Par Value $0.01 Per Share
2015-03-02$0.55/sh−1,781$980→ 66,550 total - Tax Payment
Common Stock, Par Value $0.01 Per Share
2015-03-02$0.55/sh−1,714$943→ 64,836 total - Tax Payment
Common Stock, Par Value $0.01 Per Share
2015-03-02$0.55/sh−1,554$855→ 63,282 total - Sale
Common Stock, Par Value $0.01 Per Share
2015-03-03$0.61/sh−1,457$893→ 61,825 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.