Clemons Robert 4
4 · SEACOR Marine Holdings Inc. · Filed Apr 18, 2019
Insider Transaction Report
Form 4
Clemons Robert
Executive VP and COO
Transactions
- Award
Stock Options (right to buy)
2019-04-16+6,250→ 6,250 totalExercise: $13.28Exp: 2029-04-16→ Common Stock (6,250 underlying) - Award
Performance Restricted Stock Units
2019-04-16+18,800→ 18,800 total→ Common Stock (18,800 underlying) - Award
Common Stock
2019-04-16+28,200→ 54,896 total
Footnotes (4)
- [F1]The restricted stock award reported on this Form 4 will lapse in three equal annual installments beginning on March 4, 2020 and ending on March 4, 2022.
- [F2]The stock option award reported on this Form 4 is exercisable in three equal annual installments beginning on March 4, 2020 and ending on March 4, 2022.
- [F3]Each Performance Restricted Stock Unit (each, a "PRSU") represents a contingent right to receive, at vesting, one share of Common Stock subject to the achievement of certain performance goals and service-based vesting requirements.
- [F4]These PRSUs consist of five equal tranches, each of which will be earned if and when the closing price of one share of Common Stock equals or exceeds the specified stock price performance goal for such tranche for 60 consecutive trading days during the three year performance period beginning on the grant date, provided that any earned PRSUs will not be settled until the third anniversary of the grant date, subject to satisfaction of the service-based vesting requirements set forth in the award agreement. The specified stock price performance goals for each tranche are $15.61, $17.77, $20.06, $22.34 and $24.50, respectively.