4//SEC Filing
MCCARTHY TIMOTHY P 4
Accession 0001209191-19-011603
CIK 0001131227other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:54 PM ET
Size
18.9 KB
Accession
0001209191-19-011603
Insider Transaction Report
Form 4
MCCARTHY TIMOTHY P
SVP & Chief Human Resources Of
Transactions
- Exercise/Conversion
COMMON STOCK
2019-02-15+13,274→ 121,254 total - Disposition to Issuer
COMMON STOCK
2019-02-15$1.47/sh−59,996$88,194→ 108,080 total - Tax Payment
COMMON STOCK
2019-02-15$1.59/sh−3,969$6,311→ 104,111 total - Exercise/Conversion
PHANTOM STOCK
2019-02-15−13,274→ 0 total→ COMMON STOCK (13,274 underlying) - Exercise/Conversion
PHANTOM STOCK
2019-02-15−59,996→ 19,645 total→ COMMON STOCK (59,996 underlying) - Disposition to Issuer
PHANTOM STOCK
2019-02-15−19,645→ 0 total→ COMMON STOCK (19,645 underlying) - Exercise/Conversion
COMMON STOCK
2019-02-15+59,996→ 168,076 total - Disposition to Issuer
COMMON STOCK
2019-02-15$1.47/sh−13,274$19,513→ 108,080 total
Footnotes (4)
- [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]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 0001284407
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:54 PM ET
- Size
- 18.9 KB