SEC Form 4 · accession 0001127602-15-024284
HERCULES OFFSHORE, INC. · HERO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven A Webster
Director
Period of report
Aug 3, 2015
Accepted (ET)
Aug 5, 2015 · 7:33 pm EDT
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,F2 | Aug 3, 2015 | D | 588,767 | $0.082 | D | 0 | I | By Kestrel Capital, LP |
| Common Stock, Par Value $0.01 Per Share | holding | — | — | — | 1,715,140 | D | ||
| Common Stock, Par Value $0.01 Per ShareF3 | holding | — | — | — | 5,000 | I | By Elizabeth Anne Webster Trust | |
| Common Stock, Par Value $0.01 Per ShareF4 | holding | — | — | — | 290,000 | I | By San Felipe Resources Company | |
| Common Stock, Par Value $0.01 Per ShareF5 | holding | — | — | — | 44,747 | I | By Steven A. Webster, Trustee |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $0.08 to $0.0894. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2Mr. Webster beneficially owns these shares of common stock indirectly through Kestrel Capital, LP, over which Mr. Webster shares voting and investment power.
- F3These securities were acquired by Barrett L. Webster Trustee FBO Elizabeth Anne Webster Trust. Mr. Webster's daughter, who may be deemed to be a member of his household, is the beneficiary of such trust. The trust is administered by Mr. Webster's adult son. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
- F4These securities were acquired by San Felipe Resources Company, a partnership in which Mr. Webster and his wife, Linda, are the general partners.
- F5Trustee of the Steven A. Webster Defined Benefit Pension Plan.