GULFMARK OFFSHORE INC 4
4 · GULFMARK OFFSHORE INC · Filed Dec 31, 2014
Insider Transaction Report
Form 4
VALUTAS CHARLES K
Director
Transactions
- Award
PHANTOM STOCK
2014-12-29$24.58/sh+4.33$106→ 480.99 total→ COMMON STOCK (4.33 underlying)
Footnotes (1)
- [F1]Phantom Stock units credited under the Company's Executive Nonqualified Excess Plan (the "Plan"). Participants are always 100% vested in their contributions to the Plan. Employer contributions vest according to the provision of the Plan, which is generally based on years of service (20% per year of credited service). A participant is 100% vested after 5 years of credited service.