STREETER BRUCE A 4
4 · GULFMARK OFFSHORE INC · Filed May 16, 2013
Insider Transaction Report
Form 4
STREETER BRUCE A
DirectorPresident and CEO
Transactions
- Award
PHANTOM STOCK
2013-05-15$45.75/sh+137.65$6,297→ 76,452.94 total→ COMMON STOCK (137.65 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.