SEC Form 4 · accession 0001209191-19-011161

HORNBECK OFFSHORE SERVICES INC /LA · HOS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President & CEO · Director

Period of report

Feb 14, 2019

Accepted (ET)

Feb 19, 2019 · 5:03 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 STOCK^F1	Feb 14, 2019	M	41,218	—	A	957,730	D
COMMON STOCK^F1	Feb 14, 2019	D	41,218	$1.44	D	916,512	D
COMMON STOCK^F2	Feb 14, 2019	F	12,325	$1.57	D	904,187	D
COMMON STOCK^F3	holding	—	—		—	701	I	By Limited Liability Company
COMMON STOCK	holding	—	—		—	1,650	I	By Wife
COMMON STOCK^F4	holding	—	—		—	86,724	I	By Family Trusts
COMMON STOCK	holding	—	—		—	70	I	By UTMA custodian for child
COMMON STOCK	holding	—	—		—	220	I	By IRA

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
PHANTOM STOCK^F1	—	Feb 14, 2019	M	41,218	D	—	—	COMMON STOCK	41,218	41,218	D

F1Represents the one-third vesting and cash settlement of a time-vest phantom stock unit award with a Grant Date of February 14, 2017. Each phantom unit is the economic equivalent of one share of the Company's Common Stock. The phantom shares are payable in cash or stock at the election of the Company. Cash awards are 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.
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 shares beneficially owned by Reporting Person through a closely held Limited Liability Company.
F4Represents shares beneficially owned by Reporting Person through various family trusts.