GULFMARK OFFSHORE INC 4
4 · GULFMARK OFFSHORE INC · Filed Jun 17, 2015
Insider Transaction Report
Form 4
GORDON SHELDON S
Director
Transactions
- Award
Phantom Stock
2015-06-15$12.47/sh+156.51$1,952→ 35,268.98 total→ Common Stock (156.51 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.