GULFMARK OFFSHORE INC 4
4 · GULFMARK OFFSHORE INC · Filed Oct 17, 2012
Insider Transaction Report
Form 4
LEECH JOHN E
Exec. VP - Operations
Transactions
- Purchase
PHANTOM STOCK
2012-10-15$32.97/sh+98.43$3,245→ 46,425.19 total→ COMMON STOCK (98.43 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.