Sparks Scott Andrew 4
4 · HELIX ENERGY SOLUTIONS GROUP INC · Filed Jan 6, 2025
Insider Transaction Report
Form 4
Sparks Scott Andrew
EVP & COO
Transactions
- Disposition to Issuer
Common Stock
2025-01-04$9.52/sh−62,767$597,542→ 112,634 total - Exercise/Conversion
Restricted Stock Units
2025-01-04−62,767→ 0 total→ Common Stock (62,767 underlying) - Disposition to Issuer
Common Stock
2025-01-03$9.68/sh−31,052$300,583→ 112,634 total - Exercise/Conversion
Common Stock
2025-01-04+62,767→ 175,401 total - Exercise/Conversion
Common Stock
2025-01-03+31,052→ 143,686 total - Exercise/Conversion
Restricted Stock Units
2025-01-03−31,052→ 31,053 total→ Common Stock (31,052 underlying)
Footnotes (6)
- [F1]Each Restricted Stock Unit ("2023 RSU") represents the contingent right to receive one share of Company common stock. Forfeiture restrictions lapsed with respect to one-third of the grant of the 2023 RSUs on January 3, 2024. Forfeiture restrictions with respect to an additional one-third of the grant lapsed on January 3, 2025 and the remaining one-third of the grant will lapse on January 3, 2026.
- [F2]The Compensation Committee of the Company's Board of Directors (the "Compensation Committee") elected to pay in cash the value of the 2023 RSUs for which forfeiture restrictions lapsed.
- [F3]Each Restricted Stock Unit ("2022 RSU") represents the contingent right to receive one share of Company common stock. Forfeiture restrictions lapsed with respect to one-third of the grant of the 2022 RSUs on January 4, 2023, forfeiture restrictions lapsed with respect to an additional one-third of the grant on January 4, 2024 and the remaining one-third of the grant lapsed on January 4, 2025.
- [F4]The Compensation Committee elected to pay in cash the value of the 2022 RSUs for which forfeiture restrictions lapsed.
- [F5]Upon lapse of the forfeiture restrictions of the 2023 RSUs.
- [F6]Upon lapse of the forfeiture restrictions of the 2022 RSUs.