Form 4 for HOS HORNBECK OFFSHORE SERVICES, INC.
Accepted 2022-01-24 00:00:00 ET · period of report 2022-01-21 · accession 0001209191-22-004637 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-01-24 | 2022-01-21 | HOS | KRATZ OWEN E | Pres, CEO, Dir | M - OptEx | $0.00 | +463.6K | 7.66M | +6% | $0 |
| D | 2022-01-24 | 2022-01-21 | HOS | KRATZ OWEN E | Pres, CEO, Dir | F - Tax | $3.12 | -182.4K | 7.48M | -2% | -$569.2K |
| D | 2022-01-24 | 2022-01-21 | HOS | KRATZ OWEN E | Pres, CEO, Dir | M - OptEx | $0.00 | -463.6K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-01-21 | M | A | 463,587 | $0.00 | 7,660,825 | D | — | — | (F1) Each Performance Share Unit ("2019 PSU") was previously granted on January 2, 2019 and 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, 2019 and ended December 31, 2021. Amount earned and vested was 156.75% of the number of 2019 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. |
| 2 | Common | Common Stock | 2022-01-21 | F | D | 182,422 | $3.12 | 7,478,403 | D | — | — | (F3) These shares were forfeited to satisfy tax obligations related to the vesting of the reporting person's 2019 PSUs. (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. |
| 3 | Derivative | Performance Share Units | 2022-01-21 | M | D | 463,587 | $0.00 | 0 | D | — · — to — | 463,587 Common Stock | (F1) Each Performance Share Unit ("2019 PSU") was previously granted on January 2, 2019 and 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, 2019 and ended December 31, 2021. Amount earned and vested was 156.75% of the number of 2019 PSUs granted. |