HERCULES OFFSHORE, INC. 4
4 · HERCULES OFFSHORE, INC. · Filed Mar 4, 2015
Insider Transaction Report
Form 4
Carr Terrell L
Vice President ? Worldwide Ops
Transactions
- Tax Payment
Common Stock, Par Value $0.01 Per Share
2015-03-02$0.55/sh−3,858$2,122→ 240,685 total - Tax Payment
Common Stock, Par Value $0.01 Per Share
2015-03-02$0.55/sh−3,714$2,043→ 236,971 total - Award
Common Stock, Par Value $0.01 Per Share
2015-03-02$0.55/sh+294,737$162,105→ 528,186 total - Tax Payment
Common Stock, Par Value $0.01 Per Share
2015-03-02$0.55/sh−3,522$1,937→ 233,449 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]These shares of restricted stock vest in three equal installments on each of the first three anniversaries of the date of grant, beginning March 2, 2016.