GULFMARK OFFSHORE INC 4
4 · GULFMARK OFFSHORE INC · Filed Mar 3, 2015
Insider Transaction Report
Form 4
VALUTAS CHARLES K
Director
Transactions
- Award
Phantom Stock
2015-02-27$16.44/sh+20.53$338→ 645.76 total→ Common Stock (20.53 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.