Accession Number: | 0001209191-20-001397 |
Date: | 2020-01-02 |
Issuer: | HELIX ENERGY SOLUTIONS GROUP INC (HLX) |
Original Submission Date: |
KRATZ OWEN E
3505 W SAM HOUSTON PARKWAY N.
SUITE 400
HOUSTON, TX 77043
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2020-01-02 | A | 186,916 | a | $0.00 | 6,641,799 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PERFORMANCE SHARE UNITS | 0.0 | 2020-01-02 | deemed execution date | A | 373,832 (a) | common stock 373,832 | $0.00 | 373,832 | direct |
ID | footnote |
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f1 | this restricted stock award was granted pursuant to the company's 2005 long term incentive plan (as amended and restated effective may 15, 2019) and therefore has no purchase or sales price. |
f2 | mr. kratz disclaims beneficial ownership of 1,000,000 shares included in this amount, which shares are held by joss investments limited partnership, an entity in which he is a general partner. |
f3 | each performance share unit ("psu") represents the contingent right to receive one share of company common stock. actual number of shares upon vesting may range from 0% to 200% dependent on the company's relative shareholder return as compared to its peer group over a three-year period beginning january 1, 2020 and ending december 31, 2022. |
f4 | amount reported is 200% of the number of psus granted and the maximum number that may be earned. |
f5 | upon payment of the psus, which shall occur no later than march 15, 2023. |