HELIX ENERGY SOLUTIONS GROUP INC 4
4 · HELIX ENERGY SOLUTIONS GROUP INC · Filed Jan 6, 2016
Insider Transaction Report
Form 4
Johnson Alisa B
Exec.VP & Gen Counsel
Transactions
- Tax Payment
Common Stock
2016-01-04$5.26/sh−2,633$13,850→ 217,658 total - Award
Common Stock
2016-01-04+99,810→ 225,387 total - Tax Payment
Common Stock
2016-01-04$5.26/sh−2,478$13,034→ 222,909 total - Tax Payment
Common Stock
2016-01-04$5.26/sh−1,233$6,486→ 220,291 total - Tax Payment
Common Stock
2016-01-04$5.26/sh−1,385$7,285→ 221,524 total - Award
Performance Share Unit
2016-01-04+199,620→ 199,620 total→ Common Stock (199,620 underlying)
Footnotes (5)
- [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]These shares were forfeited to satisfy tax obligations related to the vesting of the reporting person's restricted stock award.
- [F3]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, 2016 and ending December 31, 2018. The Compensation Committee has the option to pay the value in cash at its discretion.
- [F4]Amount reported is 200% of the number of PSUs granted and the maximum number that may be earned.
- [F5]Upon payment of the PSUs which, shall occur no later than March 15, 2019.