OCONNELL ROBERT T 4
4 · GULFMARK OFFSHORE INC · Filed Dec 16, 2010
Insider Transaction Report
Form 4
OCONNELL ROBERT T
Director
Transactions
- Purchase
PHANTOM STOCK
2010-12-15$30.64/sh+22.03$675→ 4,766.68 total→ Common Stock (22.03 underlying)
Footnotes (1)
- [F1]Phantom Stock units credited under the Company's Executive Nonqualified Excess Plan (the "Plan"). Participants are always 100% vested in their contributions to the Plan. Employer contributions vest according to the provision of the Plan, which is generally based on years of service (20% per year of credited service). A participant is 100% vested after 5 years of credited service.