ANNESSA CARL G 4
4 · HORNBECK OFFSHORE SERVICES INC /LA · Filed Feb 10, 2020
Insider Transaction Report
Form 4
ANNESSA CARL G
Executive Vice President & COO
Transactions
- Exercise/Conversion
COMMON STOCK
2020-02-06+69,436→ 359,538 total - Tax Payment
COMMON STOCK
2020-02-06$0.10/sh−16,908$1,640→ 342,630 total - Exercise/Conversion
PHANTOM STOCK
2020-02-06−69,436→ 69,437 total→ COMMON STOCK (69,436 underlying)
Holdings
- 5,000(indirect: By IRA)
COMMON STOCK
Footnotes (3)
- [F1]Represents the one-third vesting and net-share settlement of a time-vest phantom restricted stock unit award with a Grant Date of February 6, 2018. Each phantom unit is the economic equivalent of one share of the Company's Common Stock.
- [F2]Includes 500 shares acquired under the Company's employee stock purchase plan on June 30, 2019 and 500 shares acquired under the Company's employee stock purchase plan on December 31, 2019.
- [F3]Disposition of these shares represents payment of tax liability by delivering or withholding securities incident to the vesting of a phantom restricted stock unit award issued in accordance with Rule 16b-3.