GULFMARK OFFSHORE INC 4
4 · GULFMARK OFFSHORE INC · Filed Aug 17, 2012
Insider Transaction Report
Form 4
LEECH JOHN E
Exec. VP - Operations
Transactions
- Purchase
PHANTOM STOCK
2012-08-15$36.53/sh+88.84$3,245→ 46,045.25 total→ COMMON STOCK (88.84 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.