SEC Form 5 · accession 0001437749-17-000614
GULFMARK OFFSHORE INC · GLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles K Valutas
Director
Period of report
Mar 31, 2016
Accepted (ET)
Jan 12, 2017 · 7:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001030749
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1 | — | Mar 31, 2016 | A | 410 | A | — | — | Common Stock | 410 | 2,699 | D |
| Phantom StockF1 | — | Jun 30, 2016 | A | 809 | A | — | — | Common Stock | 809 | 3,508 | D |
| Phantom StockF1 | — | Sep 30, 2016 | A | 1,507 | A | — | — | Common Stock | 1,507 | 5,015 | D |
| Phantom StockF1 | — | Dec 30, 2016 | A | 1,446 | A | — | — | Common Stock | 1,446 | 6,461 | D |
Explanation of responses
- F1Phantom Stock units credited under the Company's Executive Nonqualified Excess Plan (the "Plan"). Participants are always 100% vested in their contributions to the Plan. Employer contributions vest according to the provision of the Plan, which is generally based on years of service (20% per year of credited service). A participant is 100% vested after 5 years of credited service.