SEC Form 4 · accession 0001209191-17-013156
HORNBECK OFFSHORE SERVICES INC /LA · HOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl G Annessa
Officer — Executive Vice President & COO
Period of report
Feb 17, 2017
Accepted (ET)
Feb 22, 2017 · 4:03 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 17, 2017 | D | 4,490 | — | D | 334,768 | D | |
| COMMON STOCKF2 | Feb 17, 2017 | F | 4,443 | $4.66 | D | 330,325 | D | |
| COMMON STOCKF2 | Feb 17, 2001 | F | 1,966 | $4.66 | D | 328,359 | D | |
| COMMON STOCKF3 | Feb 17, 2017 | M | 3,033 | — | A | 331,392 | D | |
| COMMON STOCKF3 | Feb 17, 2017 | D | 3,033 | $6.85 | D | 328,359 | D | |
| COMMON STOCK | holding | — | — | — | 5,000 | I | By IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PHANTOM STOCKF3 | — | Feb 17, 2017 | M | 3,033 | D | — | — | COMMON STOCK | 19,307 | 38,614 | D |
Explanation of responses
- F1These shares represent the forfeiture of a portion of a performance - vest restricted stock unit award granted February 18, 2014.
- F2Disposition of these shares represents payment of tax liability by delivering or withholding securities incident to the vesting of a restricted stock unit award issued in accordance with Rule 16b-3.
- F3Represents the vesting and cash settlement of a time-vest phantom restricted stock unit award with a Grant Date of February 18, 2014. Each phantom unit is the economic equivalent of one share of the Company's Common Stock. The phantom shares are payable only in cash based on a 10 day trailing average of the market price of the Company's stock on the vesting date. No shares were actually, issued, converted, or sold in connection with this transaction.