SEC Form 4 · accession 0001437749-18-017931
GULFMARK OFFSHORE INC · GLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Samuel R Rubio
Officer — Senior VP and CFO
Period of report
Oct 1, 2018
Accepted (ET)
Oct 3, 2018 · 8:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001030749
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 1, 2018 | M | 117 | $35.38 | A | 313 | D | |
| Warrants | Oct 1, 2018 | M | 1,275 | $1.90 | A | 3,390 | D | |
| Common Stock | Oct 1, 2018 | D | 117 | $35.38 | D | 196 | D | |
| Warrants | Oct 1, 2018 | D | 1,275 | $1.90 | D | 2,115 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PHANTOM STOCKF1 | — | Oct 1, 2018 | M | 118 | A | — | — | COMMON STOCK | 118 | 0 | D |
| PHANTOM WARRANTSF1 | — | Oct 1, 2018 | M | 1,275 | A | — | — | WARRANTS | 1,275 | 0 | D |
Explanation of responses
- F1On July 15, 2018, the Company terminated the Company's Deferred Compensation Plan (the "Plan"). In connection with such termination, the Plan participants received cash payments on October 1, 2018 in full settlement of their holdings in the Plan, including the phantom stock units and phantom warrants credited to their Plan account. The reporting person received this cash payment in lieu of receiving any warrants or shares of common stock of the Company.