GULFMARK OFFSHORE INC 5
5 · GULFMARK OFFSHORE INC · Filed Jan 12, 2017
Insider Transaction Report
Form 5
GORDON SHELDON S
Director
Transactions
- Award
Phantom Stock
2016-09-30$1.68/sh+4,352.68$7,313→ 47,228.19 total→ Common Stock (4,352.68 underlying) - Award
Phantom Stock
2016-12-30$1.75/sh+4,178.57$7,312→ 51,406.76 total→ Common Stock (4,178.57 underlying) - Award
Phantom Stock
2016-03-31$6.17/sh+1,185.17$7,312→ 40,538.82 total→ Common Stock (1,185.17 underlying) - Award
Phantom Stock
2016-06-30$3.13/sh+2,336.69$7,314→ 42,875.51 total→ Common Stock (2,336.69 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.