HELIX ENERGY SOLUTIONS GROUP INC 4
4 · HELIX ENERGY SOLUTIONS GROUP INC · Filed Jan 6, 2015
Insider Transaction Report
Form 4
Hall James M
Chief Accounting Officer
Transactions
- Award
Common Stock
2015-01-02+4,608→ 30,765 total - Tax Payment
Common Stock
2015-01-05$21.66/sh−807$17,480→ 29,628 total - Tax Payment
Common Stock
2015-01-05$21.66/sh−330$7,148→ 30,435 total - Award
Performance Share Units
2015-01-02+9,216→ 9,216 total→ Common Stock (9,216 underlying)
Footnotes (6)
- [F1]This restricted stock award was granted pursuant to the Company's 2005 Long Term Incentive Plan (as Amended and Restated effective May 9, 2012) and therefore has no purchase or sales price.
- [F2]Includes 2443 shares held through the Company's Employee Stock Purchase Plan of which 455 were acquired on August 29,2014.
- [F3]These shares were forfeited to satisfy tax obligations related to the vesting of the reporting person's restricted stock award.
- [F4]Each Performance Share Unit ("PSU") represents the contingent right to receive one share of Company common stock. Actual number of shares upon vesting may range from 0% to 200% dependent on the Company's relative shareholder return as compared to its peer group over a three-year period beginning January 1, 2015 and ending December 31, 2017. The Compensation Committee has the option to pay the value in cash at its discretion.
- [F5]Amount reported is 200% of the number of PSUs granted and the maximum number that may be earned.
- [F6]Upon payment of the PSUs which shall occur no later than March 15, 2018.