4//SEC Filing
WALLACE DAVID MICHAEL 4
Accession 0001490407-10-000003
CIK 0000921549other
Filed
Apr 29, 8:00 PM ET
Accepted
Apr 30, 2:35 PM ET
Size
9.1 KB
Accession
0001490407-10-000003
Insider Transaction Report
Form 4
WALLACE DAVID MICHAEL
CEO-Eastern Marine Svcs. Ltd.
Transactions
- Award
Phantom Stock
2010-04-28+9,691→ 9,691 totalExp: 2017-04-28→ Common Stock (9,691 underlying) - Award
Stock Appreciation Rights
2010-04-28+19,539→ 19,539 totalExercise: $2.39Exp: 2017-04-28→ Common Stock (19,539 underlying)
Footnotes (4)
- [F1]Each share of phantom stock represents the right to receive the fair market value of one share of Trico Marine Services, Inc. common stock.
- [F2]The phantom shares vest ratably over a three-year period from the grant date and are exercisable as follows: 33% on April 28, 2011, 33% on April 28, 2012 and 34% on April 28, 2013. These phantom shares entitle the reporting person to receive a cash settlement unless, prior to a vesting date, the Compensation Committee of Trico Marine Services, Inc.'s Board of Directors elects to make the payment in the form of Trico Marine Services, Inc. common stock.
- [F3]Represents only the derivative securities of this class.
- [F4]The SAR's vest ratably over a three-year period from the grant date and are exercisable as follows: 33% on April 28, 2011, 33% on April 28, 2012 and 34% on April 28, 2013. These SAR's entitle the reporting person to receive a cash settlement unless, prior to a vesting date, the Compensation Committee of Trico Marine Services, Inc.'s Board of Directors elects to make the payment in the form of Trico Marine Services, Inc. common stock.
Documents
Issuer
TRICO MARINE SERVICES INC
CIK 0000921549
Entity typeother
Related Parties
1- filerCIK 0001318175
Filing Metadata
- Form type
- 4
- Filed
- Apr 29, 8:00 PM ET
- Accepted
- Apr 30, 2:35 PM ET
- Size
- 9.1 KB