HERCULES OFFSHORE, INC. 5

5 · HERCULES OFFSHORE, INC. · Filed Jan 29, 2016

Form 5

Period: 2015-12-31

President, Hercules Int'l

Transactions

Other
Stock Option (Right to Buy)
2015-11-06−50,000→ 0 total
Exercise: $1.65Exp: 2019-02-25→ Old Common Stock (50,000 underlying)
Other
Stock Option (Right to Buy)
2015-11-06−60,000→ 0 total
Exercise: $3.89Exp: 2020-02-24→ Old Common Stock (60,000 underlying)
Other
Old Common Stock
2015-11-06−161,657→ 0 total
Other
New Common Stock
2015-11-06+595→ 595 total
Other
Stock Option (Right to Buy)
2015-11-06−8,769→ 0 total
Exercise: $24.21Exp: 2017-02-26→ Old Common Stock (8,769 underlying)
Other
Warrants expiring 2021
2015-11-06+4,800→ 4,800 total
Exercise: $70.50From: 2015-11-06→ New Common Stock (4,800 underlying)
Other
Common Stock
2015-11-06−22,740→ 0 total
Other
Stock Option (Right to Buy)
2015-11-06−5,200→ 0 total
Exercise: $25.64Exp: 2018-02-14→ Old Common Stock (5,200 underlying)

Footnotes (3)

[F1]Pursuant to the Issuer's Prepackaged Plan of Reorganization Pursuant to Chapter 11 of the Bankruptcy Code, which was confirmed by the United States Bankruptcy Court for the District of Delaware, and became effective on November 6, 2015 (the "Plan"), all equity interests in the Issuer outstanding prior to effectiveness were cancelled, and for each share of common stock, par value $0.01 per share, issued and outstanding prior to the effectiveness of the Plan (the "Old Common Stock") (a) .00372120 share of new common stock, par value $0.01 per share (the "New Common Stock") and (b) .03000969 warrant exercisable at a price of $70.50 per share (the "Warrants") were issued. The Warrants are exercisable until November 8, 2021 unless they earlier expire in accordance with their terms. No fractional shares of New Common Stock or Warrants were issued.
[F2]Restricted stock cancelled pursuant to the Plan.
[F3]The stock options became exercisable in three equal amounts on each of the first three anniversaries of the date of grant.

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