EDWARDS JOHNNY 4
4 · HELIX ENERGY SOLUTIONS GROUP INC · Filed Mar 12, 2013
Insider Transaction Report
Form 4
EDWARDS JOHNNY
EVP - Oil & Gas
Transactions
- Tax Payment
Common Stock
2013-03-08−10,366→ 48,417 total - Exercise/Conversion
Common Stock
2013-03-08+32,346→ 72,423 total - Tax Payment
Common Stock
2013-03-08−13,640→ 58,783 total - Exercise/Conversion
Performance Share Unit
2013-03-08−32,346→ 0 totalExercise: $0.00From: 2013-03-08→ Common Stock (32,346 underlying)
Footnotes (5)
- [F1]Performance share units granted on January 12, 2012, pursuant to the Company's 2005 Long Term Incentive Plan (as amended and Restated May 9, 2012). Per the terms of Mr. Edwards employment agreement and based upon the performance of the Company relative to its peers, the awards vested and were delivered to Mr. Edwards upon a change in control of Energy Resource Technology GOM, Inc., a former wholly-owned subsidiary of the Company, and Mr. Edwards' termination from the Company.
- [F2]Includes 871 shares of common stock acquired under the Company's Employee Stock Purchase Plan.
- [F3]These shares were forfeited to satisfy tax obligations related to the vesting of Mr. Edwards' performance share unit.
- [F4]These shares were forfeited to satisfy tax obligations related to the vesting of Mr. Edwards' vesting of 29,756 shares of common stock resulting from Mr. Edwards' termination.
- [F5]Upon vesting of the performance share unit (if any, depending on the Company's performance relative to its peers).