Form 4 for HOS HORNBECK OFFSHORE SERVICES, INC.
Accepted 2024-01-05 00:00:00 ET · period of report 2024-01-03 · accession 0001209191-24-000998 · 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 | 2024-01-05 | 2024-01-03 | HOS | KRATZ OWEN E | Pres, CEO, Dir | F - Tax | $10.01 | -32.0K | 7.64M | -0.4% | -$320.2K |
| D | 2024-01-05 | 2024-01-04 | HOS | KRATZ OWEN E | Pres, CEO, Dir | D - Sale to Iss | $9.80 | -192.3K | 7.64M | -2% | -$1.88M |
| DM | 2024-01-05 | 2024-01-03+ | HOS | KRATZ OWEN E | Pres, CEO, Dir | M - OptEx | — | +273.6K | 7.83M | +4% | — |
| DM | 2024-01-05 | 2024-01-03+ | HOS | KRATZ OWEN E | Pres, CEO, Dir | M - OptEx | $0.00 | -273.6K | 162.6K | -63% | $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 | 2024-01-03 | F | D | 31,992 | $10.01 | 7,641,771 | D | — | — | (F3) These shares were forfeited to satisfy tax obligations related to the vesting of the pro rata portion of the reporting person's 2023 RSUs. (F2) The Reporting Person 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 | 2024-01-04 | D | D | 192,308 | $9.80 | 7,641,771 | D | — | — | (F5) The Compensation Committee of the Company's Board of Directors elected to pay in cash the value of the 2022 RSUs for which forfeiture restrictions lapsed. (F2) The Reporting Person 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 | Common | Common Stock | 2024-01-03 | M | A | 81,300 | — | 7,673,763 | D | — | — | (F1) Each Restricted Stock Unit ("2023 RSU") represents the contingent right to receive one share of Company common stock. Forfeiture restrictions lapsed with respect to one-third of the grant of the 2023 RSUs on January 3, 2024. Forfeiture restrictions with respect to an additional one-third of the grant will lapse on January 3, 2025 and the remaining one-third of the grant will lapse on January 3, 2026. (F2) The Reporting Person 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. |
| 4 | Common | Common Stock | 2024-01-04 | M | A | 192,308 | — | 7,834,079 | D | — | — | (F4) Each Restricted Stock Unit ("2022 RSU") represents the contingent right to receive one share of Company common stock. Forfeiture restrictions lapsed with respect to one-third of the grant of the 2022 RSUs on January 4, 2023, forfeiture restrictions lapsed with respect to an additional one-third of the grant on January 4, 2024 and the remaining one-third of the grant will lapse on January 4, 2025. (F2) The Reporting Person 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. |
| 5 | Derivative | Restricted Stock Units | 2024-01-04 | M | D | 192,308 | $0.00 | 192,308 | D | — · — to — | 192,308 Common Stock | (F4) Each Restricted Stock Unit ("2022 RSU") represents the contingent right to receive one share of Company common stock. Forfeiture restrictions lapsed with respect to one-third of the grant of the 2022 RSUs on January 4, 2023, forfeiture restrictions lapsed with respect to an additional one-third of the grant on January 4, 2024 and the remaining one-third of the grant will lapse on January 4, 2025. (F7) Upon lapse of the forfeiture restrictions of the 2022 RSUs. |
| 6 | Derivative | Restricted Stock Units | 2024-01-03 | M | D | 81,300 | $0.00 | 162,602 | D | — · — to — | 81,300 Common Stock | (F1) Each Restricted Stock Unit ("2023 RSU") represents the contingent right to receive one share of Company common stock. Forfeiture restrictions lapsed with respect to one-third of the grant of the 2023 RSUs on January 3, 2024. Forfeiture restrictions with respect to an additional one-third of the grant will lapse on January 3, 2025 and the remaining one-third of the grant will lapse on January 3, 2026. (F6) Upon lapse of the forfeiture restrictions of the 2023 RSUs. |