SEC Form 4 · accession 0001437749-18-020945
GULFMARK OFFSHORE INC · GLF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eugene I Davis
Director
Period of report
Nov 15, 2018
Accepted (ET)
Nov 15, 2018 · 4:17 pm EST
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 StockF1 | Nov 15, 2018 | D | 5,875 | — | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As previously reported, the reporting person received a grant of restricted stock units representing a contingent right to receive the equivalent number of shares of common stock of the Issuer for no consideration. These restricted stock units vested and settled on November 15, 2018 based upon the reporting person's completion of the required period of continued service in accordance with the terms of the grant. Subsequently on November 15, 2018, each share of common stock was disposed of as provided for under the Agreement and Plan of Merger, dated as of July 15, 2018, between Tidewater Inc. ("Tidewater") and the Issuer, in exchange for (1) 1.100 shares of common stock of Tidewater and (2) any applicable cash in lieu of fractional shares of common stock of Tidewater.