SEC Form 4 · accession 0001127602-15-007490
HERCULES OFFSHORE, INC. · HERO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kimberly A Riddle
Officer — Vice President, HR
Period of report
Feb 19, 2015
Accepted (ET)
Feb 20, 2015 · 5:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001330849
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.01 Per ShareF1 | Feb 19, 2015 | F | 2,236 | $0.888 | D | 68,977 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person disposed of these shares directly to the issuer upon the vesting of previously awarded restricted stock. The purpose of the disposition was to enable the reporting person to satisfy tax withholding obligations that arose upon such vesting, which will be paid by the issuer to the Internal Revenue Service in cash.