Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-20-002561
Date:2020-01-07
Issuer: HELIX ENERGY SOLUTIONS GROUP INC (HLX)
Original Submission Date:

Reporting Person:

KRATZ OWEN E
3505 W SAM HOUSTON PARKWAY N.
SUITE 400 HOUSTON, TX 77043

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-01-07 M 362,812 a $0.00 7,004,611 direct
COMMON STOCK 2020-01-07 F 142,767 d $9.63 6,861,844 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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 2020-01-07 deemed execution date M 362,812 (d) common stock 362,812 $0.00 0 direct
Footnotes
IDfootnote
f1 each performance share unit ("2017 psu") represented the contingent right to receive one share of company common stock. actual number of shares upon vesting could have ranged from 0% to 200% dependent on the company's relative shareholder return as compared to its peer group over the three-year period beginning january 1, 2017 and ended december 31, 2019. amount earned and vested was 200% of the number of 2017 psus granted.
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 these shares were forfeited to satisfy tax obligations related to the vesting of the reporting person's 2017 psus.
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