SEC Form 4 · accession 0000859598-17-000162
SEACOR HOLDINGS INC /NEW/ · CKH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce Weins
Officer — SVP/Chief Financial Officer
Period of report
Nov 9, 2017
Accepted (ET)
Nov 13, 2017 · 4:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000859598
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 9, 2017 | M | 800 | $47.03 | A | 13,360 | D | |
| Common Stock | Nov 9, 2017 | S | 800 | $50.50 | D | 12,560 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F3,F1,F2 | $47.03 | Nov 9, 2017 | M | 800 | D | — | Mar 6, 2024 | Common Stock | 800 | 905 | D |
Explanation of responses
- F1On June 2, 2017 the issuer distributed shares pursuant to the spin-off of SEACOR Marine Holdings Inc.(the "SMHI Spin-Off"), resulting in an adjustment to the exercise price of these options from $72.90 to $47.03.
- F2The option is exercisable in five equal annual installments beginning on March 6, 2015 and ending on March 6, 2019.
- F3On June 2, 2017, in connection with the SMHI Spin-Off, these options were adjusted, resulting in the reporting person's ownership of 605 additional stock options.