Patterson Kimberly Stetler 4
4 · HORNBECK OFFSHORE SERVICES INC /LA · Filed Feb 16, 2012
Insider Transaction Report
Form 4
Patterson Kimberly Stetler
Senior Vice President and CHRO
Transactions
- Award
PHANTOM RSU, CASH-ONLY RIGHTS
2012-02-14+2,000→ 2,000 totalFrom: 2015-02-14Exp: 2015-02-14→ COMMON STOCK (2,000 underlying) - Award
COMMON STOCK
2012-02-14+3,789→ 58,421 total - Award
COMMON STOCK
2012-02-14+8,840→ 54,632 total
Holdings
- 4,000(indirect: By Spouse)
COMMON STOCK
- 2,000(indirect: By IRA)
COMMON STOCK
Footnotes (3)
- [F1]These time-vest restricted stock unit awards will vest in three equal annual installments on the 1st, 2nd and 3rd anniversaries of the Grant Date.
- [F2]These performance-vest restricted stock unit awards can vest in whole or in part on the 3rd, 4th, and/or 5th anniversaries of the Grant Date based upon the Company achieving certain levels of specified performance objectives.
- [F3]These time-vest phantom restricted stock unit awards will vest in whole on the third anniversary of the Grant Date, each is the economic equivalent of one share of Common Stock, and the phantom shares are payable only in cash based on the market price of the Company's stock on that date.