4//SEC Filing
SEABULK INTERNATIONAL INC 4
Accession 0001209191-05-035893
CIK 0000922341operating
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 9:38 PM ET
Size
19.5 KB
Accession
0001209191-05-035893
Insider Transaction Report
Form 4
THYSSEN HUBERT E M
VP-SEABULK OFFSHORE
Transactions
- Disposition to Issuer
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2005-07-01−7,000→ 0 totalExercise: $7.75Exp: 2011-03-29→ COMMON STOCK (7,000 underlying) - Disposition to Issuer
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2005-07-01−9,000→ 0 totalExercise: $12.70Exp: 2015-01-20→ COMMON STOCK (9,000 underlying) - Disposition to Issuer
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2005-07-01−11,000→ 0 totalExercise: $3.95Exp: 2011-12-03→ COMMON STOCK (11,000 underlying) - Disposition to Issuer
COMMON STOCK
2005-07-01−22,600→ 0 total - Disposition to Issuer
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2005-07-01−55,000→ 0 totalExercise: $8.00Exp: 2013-02-25→ COMMON STOCK (55,000 underlying) - Disposition to Issuer
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2005-07-01−8,000→ 0 totalExercise: $12.47Exp: 2009-12-15→ COMMON STOCK (8,000 underlying)
Footnotes (7)
- [F1]Disposed of pursuant to merger agreement among Issuer, SEACOR Holdings Inc. ("SEACOR"), SBLK Acquisition Corp. and CORBULK LLC dated as of March 16, 2005 (the "Merger Agreement") in exchange for $90,400.00 in cash and 6,088 shares of SEACOR common stock having a market value of $64.30 per share on the effective date of the merger.
- [F2]This option, which provided for vesting in three equal annual installments beginning January 20, 2006, was assumed by SEACOR pursuant to the Merger Agreement and replaced with an option to purchase 2,425 shares of SEACOR common stock for $47.14 per share and receive $36,000.00 in cash.
- [F3]This option, which provided for vesting in four equal annual installments beginning February 25, 2004, was assumed by SEACOR pursuant to the Merger Agreement and replaced with an option to purchase 14,817 shares of SEACOR common stock for $29.70 per share and receive $220,000.00 in cash.
- [F4]This option, which provided for vesting in three equal annual installments beginning December 3, 2002, was assumed by SEACOR pursuant to the Merger Agreement and replaced with an option to purchase 2,963 shares of SEACOR common stock for $14.66 per share and receive $44,000.00 in cash.
- [F5]This option, which provided for vesting in three equal annual installments beginning March 29, 2002, was assumed by SEACOR pursuant to the Merger Agreement and replaced with an option to purchase 1,886 shares of SEACOR common stock for $28.77 per share and receive $28,000.00 in cash.
- [F6]This option, which provided for vesting in three equal annual installments beginning August 15, 2001, was assumed by SEACOR pursuant to the Merger Agreement and replaced with an option to purchase 1,886 shares of SEACOR common stock for $23.42 per share and receive $28,000.00 in cash.
- [F7]This option, which provided for vesting one-half on the date of grant and one-half on March 15, 2000, was assumed by SEACOR pursuant to the Merger Agreement and replaced with an option to purchase 2,155 shares of SEACOR common stock for $46.29 per share and receive $32,000.00 in cash.
Documents
Issuer
SEABULK INTERNATIONAL INC
CIK 0000922341
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000922341
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 9:38 PM ET
- Size
- 19.5 KB