4//SEC Filing
HORNBECK TODD M 4
Accession 0001209191-19-011600
CIK 0001131227other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:53 PM ET
Size
22.7 KB
Accession
0001209191-19-011600
Insider Transaction Report
Form 4
HORNBECK TODD M
DirectorPresident & CEO
Transactions
- Exercise/Conversion
COMMON STOCK
2019-02-15+47,339→ 951,526 total - Disposition to Issuer
COMMON STOCK
2019-02-15$1.47/sh−47,339$69,588→ 904,187 total - Exercise/Conversion
COMMON STOCK
2019-02-15+213,972→ 1,118,159 total - Tax Payment
COMMON STOCK
2019-02-15$1.59/sh−14,155$22,506→ 890,032 total - Exercise/Conversion
PHANTOM STOCK
2019-02-15−47,339→ 0 total→ COMMON STOCK (47,339 underlying) - Exercise/Conversion
PHANTOM STOCK
2019-02-15−213,972→ 70,062 total→ COMMON STOCK (213,972 underlying) - Disposition to Issuer
PHANTOM STOCK
2019-02-15−70,062→ 0 total→ COMMON STOCK (70,062 underlying) - Disposition to Issuer
COMMON STOCK
2019-02-15$1.47/sh−213,972$314,539→ 904,187 total
Holdings
- 701(indirect: By Limited Liability Company)
COMMON STOCK
- 1,650(indirect: By Spouse)
COMMON STOCK
- 86,724(indirect: By Trust)
COMMON STOCK
- 70(indirect: By Children)
COMMON STOCK
- 220(indirect: By IRA)
COMMON STOCK
Footnotes (6)
- [F1]Represents the one-third vesting and cash settlement of a time-vest phantom stock unit award with a Grant Date of February 16, 2016. Each phantom unit is the economic equivalent of one share of the Company's Common Stock. The phantom shares are payable in cash or stock at the election of the Company. Cash awards are based on a 10 day trailing average of the market price of the Company's stock on the vesting date. No shares were actually issued, converted, or sold in connection with this transaction.
- [F2]Represents the vesting and cash settlement of a performance-vest phantom stock unit award with a Grant Date of February 16, 2016. Each phantom unit is the economic equivalent of one share of the Company's Common Stock. The phantom shares are payable in cash or stock at the election of the Company. Cash awards are based on a 10 day trailing average of the market price of the Company's stock on the vesting date. No shares were actually issued, converted, or sold in connection with this transaction.
- [F3]Disposition of these shares represents payment of tax liability by delivering or withholding securities incident to the vesting of a restricted stock unit award issued in accordance with Rule 16b-3.
- [F4]Represents shares beneficially owned by Reporting Person through a closely held Limited Liability Company.
- [F5]Represents shares beneficially owned by Reporting Person through various family trusts.
- [F6]These shares represent the forfeiture of a portion of a performance-vest phantom stock unit award granted February 16, 2016.
Documents
Issuer
HORNBECK OFFSHORE SERVICES INC /LA
CIK 0001131227
Entity typeother
Related Parties
1- filerCIK 0001284591
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:53 PM ET
- Size
- 22.7 KB