Sparks Scott Andrew 4
4 · HELIX ENERGY SOLUTIONS GROUP INC · Filed Jan 15, 2025
Insider Transaction Report
Form 4
Sparks Scott Andrew
EVP & COO
Transactions
- Exercise/Conversion
Performance Share Units
2025-01-13−188,301→ 188,301 total→ Common Stock (188,301 underlying) - Disposition to Issuer
Common Stock
2025-01-13$9.32/sh−74,097$690,584→ 226,838 total - Exercise/Conversion
Common Stock
2025-01-13+188,301→ 300,935 total
Footnotes (3)
- [F1]Each Performance Share Unit ("2022 PSU") was previously granted on January 4, 2022 and represented the contingent right to receive one share of Company common stock. Actual number of shares upon vesting could have ranged from 0% to 200% dependent on the Company's performance over the three-year period beginning January 1, 2022 and ended December 31, 2024. Amount earned and vested with respect to the TSR portion of the 2022 PSUs (which comprised one half of the total 2022 PSUs granted) was 200%.
- [F2]These shares were forfeited to satisfy tax obligations related to the vesting of the reporting person's 2022 PSUs.
- [F3]Amount reported represents 200% of the remaining 2022 PSUs granted and is the maximum number that may be earned.