SEC Form 4 · accession 0001209191-15-012980
HORNBECK OFFSHORE SERVICES INC /LA · HOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy P McCarthy
Officer — SVP & Chief Human Resources Of
Period of report
Feb 10, 2015
Accepted (ET)
Feb 12, 2015 · 6:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001131227
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1 | Feb 10, 2015 | A | 13,599 | $0.00 | A | 49,555 | D | |
| COMMON STOCKF2 | Feb 10, 2015 | A | 13,599 | $0.00 | A | 63,154 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PHANTOM RSU, CASH - ONLY RIGHTSF3 | — | Feb 10, 2015 | A | 5,724 | A | Feb 10, 2018 | Feb 10, 2018 | PHANEX15 | 5,724 | 5,724 | D |
Explanation of responses
- F1These time-vest restricted stock awards will vest in three equal annual installments on the 1st, 2nd and 3rd anniversaries of the Grant Date
- F2These performance-vest restricted stock awards can vest in whole or in part on the 3rd anniversary of the Grant Date based upon the Company achieving certain levels of specified performance objectives.
- F3These time-vest phantom restricted stock unit awards will vest in whole on the third anniversary of the Grant Date, each is the economic equivalent of one share of Common Stock, and the phantom shares are payable only in cash based on the market price of the Company's stock on that date.