Giberga Samuel A 4
4 · HORNBECK OFFSHORE SERVICES INC /LA · Filed Feb 10, 2020
Insider Transaction Report
Form 4
Giberga Samuel A
Senior VP & General Counsel
Transactions
- Tax Payment
COMMON STOCK
2020-02-06$0.10/sh−13,738$1,333→ 225,407 total - Exercise/Conversion
COMMON STOCK
2020-02-06+56,417→ 239,145 total - Exercise/Conversion
PHANTOM STOCK
2020-02-06−56,417→ 56,417 total→ COMMON STOCK (56,417 underlying)
Footnotes (3)
- [F1]Represents the one-third vesting and cash 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.