Form 4 for HOS HORNBECK OFFSHORE SERVICES, INC.
Accepted 2024-01-05 00:00:00 ET · period of report 2024-01-03 · accession 0001209191-24-001009 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-01-05 | 2024-01-03+ | HOS | Staffeldt Erik | EVP, CFO | D - Sale to Iss | $9.87 | -86.8K | 333.4K | -21% | -$856.6K |
| DM | 2024-01-05 | 2024-01-03+ | HOS | Staffeldt Erik | EVP, CFO | M - OptEx | — | +86.8K | 362.7K | +31% | — |
| DM | 2024-01-05 | 2024-01-03+ | HOS | Staffeldt Erik | EVP, CFO | M - OptEx | $0.00 | -86.8K | 58.7K | -60% | $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 | 2024-01-04 | D | D | 57,425 | $9.80 | 333,380 | D | — | — | (F4) The Compensation Committee elected to pay in cash the value of the 2022 RSUs for which forfeiture restrictions lapsed. |
| 2 | Common | Common Stock | 2024-01-04 | M | A | 57,425 | — | 390,805 | D | — | — | (F3) 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. |
| 3 | Common | Common Stock | 2024-01-03 | D | D | 29,358 | $10.01 | 333,380 | D | — | — | (F2) The Compensation Committee of the Company's Board of Directors (the "Compensation Committee") elected to pay in cash the value of the 2023 RSUs for which forfeiture restrictions lapsed. |
| 4 | Common | Common Stock | 2024-01-03 | M | A | 29,358 | — | 362,738 | 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. |
| 5 | Derivative | Restricted Stock Units | 2024-01-04 | M | D | 57,425 | $0.00 | 57,426 | D | — · — to — | 57,425 Common Stock | (F3) 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. (F6) Upon lapse of the forfeiture restrictions of the 2022 RSUs. |
| 6 | Derivative | Restricted Stock Units | 2024-01-03 | M | D | 29,358 | $0.00 | 58,718 | D | — · — to — | 29,358 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. (F5) Upon lapse of the forfeiture restrictions of the 2023 RSUs. |