HERCULES OFFSHORE, INC. 4
4 · HERCULES OFFSHORE, INC. · Filed Dec 15, 2015
Insider Transaction Report
Form 4
Osman Tariq
Director
Transactions
- Award
Restricted Stock Units
2015-12-11+25,000→ 25,000 total→ Common Stock, Par Value $0.01 Per Share (25,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Hercules Offshore common stock.
- [F2]The restricted stock units vest in full on the one-year anniversary of the Grant Date. Vested shares will be delivered to the reporting person upon a change of control of the Company or the reporting person's departure from the Board.