SEC Form 4 · accession 0001263279-16-000043
ODYSSEY MARINE EXPLORATION INC · OMEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laura Lionetti Barton
Officer — EVP, Secretary, Corp Comm
Period of report
Sep 8, 2016
Accepted (ET)
Sep 9, 2016 · 5:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000798528
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit (RSU)F1,F2 | — | Sep 8, 2016 | A | 37,439 | A | — | Dec 20, 2018 | Common Stock | 37,439 | 37,439 | D |
| Performance Restricted Stock Unit (PRSU)F1,F3,F4 | — | Sep 8, 2016 | A | 4,160 | A | — | — | Common Stock | 4,160 | 4,160 | D |
Explanation of responses
- F1Each RSU and PRSU represents a contingent right to receive one share of OMEX common stock.
- F2RSU vests in three equal annual installments on December 20, 2016, 2017 and 2018.
- F3Each PRSU vests upon achievement of annual performance criteria for the period ending December 15, 2016 in one-third of the units granted on each of December 20, 2016, 2017 and 2018.
- F4The PRSU expires on December 20, 2018, but will terminate on December 15, 2016, if the performance criteria are not met.