MCCARTHY TIMOTHY P 4
4 · HORNBECK OFFSHORE SERVICES INC /LA · Filed Feb 10, 2020
Insider Transaction Report
Form 4
MCCARTHY TIMOTHY P
SVP & Chief Human Resources Of
Transactions
- Exercise/Conversion
COMMON STOCK
2020-02-06+47,737→ 152,848 total - Exercise/Conversion
PHANTOM STOCK
2020-02-06−47,737→ 47,738 total→ COMMON STOCK (47,737 underlying) - Tax Payment
COMMON STOCK
2020-02-06$0.10/sh−11,624$1,128→ 141,224 total
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 on June 30, 2019 and 500 shares acquired on December 31, 2019 under the Company's employee stock purchase plan.
- [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.