MCCARTHY TIMOTHY P 4
4 · HORNBECK OFFSHORE SERVICES INC /LA · Filed Mar 10, 2020
Insider Transaction Report
Form 4
MCCARTHY TIMOTHY P
SVP & Chief Human Resources Of
Transactions
- Exercise/Conversion
PHANTOM STOCK
2020-03-06−77,884→ 155,770 total→ COMMON STOCK (77,884 underlying) - Exercise/Conversion
COMMON STOCK
2020-03-06+77,884→ 277,492 total - Tax Payment
COMMON STOCK
2020-03-06$0.34/sh−18,965$6,486→ 258,527 total
Footnotes (2)
- [F1]Represents the one-third vesting of a time-vest phantom restricted stock unit award with a Grant Date of March 8, 2019. Each phantom unit is the economic equivalent of one share of the Company's Common Stock.
- [F2]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.