Lunsford G. Kregg 4
4 · Cal Dive International, Inc. · Filed Dec 8, 2011
Insider Transaction Report
Form 4
Lunsford G. Kregg
EVP, Chief Stgy&BusDvlpOfficer
Transactions
- Award
Common Stock
2011-12-06+82,000→ 401,863 total - Award
Performance Share Units
2011-12-06+164,000→ 164,000 total→ Common Stock (164,000 underlying)
Footnotes (4)
- [F1]Item reported represents a restricted stock grant.
- [F2]Grant of performance share units. Each performance share unit represents a contingent right to receive the cash value of one share of DVR stock dependent upon DVR's relative total shareholder return over a three-year period ending 12/31/14, payable in cash unless the Compensation Committee determines to pay in stock.
- [F3]Amount reported is 200% of the number of performance share units granted and the maximum number that may be earned.
- [F4]Upon payment of the unit which shall be no later than March 15, 2015.