HORNBECK TODD M 4
4 · HORNBECK OFFSHORE SERVICES INC /LA · Filed Feb 10, 2020
Insider Transaction Report
Form 4
HORNBECK TODD M
DirectorPresident & CEO
Transactions
- Exercise/Conversion
COMMON STOCK
2020-02-06+170,252→ 1,061,284 total - Tax Payment
COMMON STOCK
2020-02-06$0.10/sh−66,995$6,499→ 994,289 total - Exercise/Conversion
PHANTOM STOCK
2020-02-06−170,252→ 170,253 total→ COMMON STOCK (170,252 underlying)
Holdings
- 701(indirect: By Limited Liability Company)
COMMON STOCK
- 1,650(indirect: By Spouse)
COMMON STOCK
- 70(indirect: By Children)
COMMON STOCK
- 220(indirect: By IRA)
COMMON STOCK
- 86,724(indirect: By Trust)
COMMON STOCK
Footnotes (5)
- [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.
- [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.