SEC Form 4 · accession 0000859598-17-000182
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
Dec 21, 2017
Accepted (ET)
Dec 26, 2017 · 3:17 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 | Dec 21, 2017 | M | 148 | $28.03 | A | 12,708 | D | |
| Common Stock | Dec 21, 2017 | M | 148 | $22.21 | A | 12,856 | D | |
| Common Stock | Dec 21, 2017 | M | 148 | $28.78 | A | 13,004 | D | |
| Common Stock | Dec 21, 2017 | M | 328 | $44.99 | A | 13,332 | D | |
| Common Stock | Dec 21, 2017 | M | 599 | $44.28 | A | 13,931 | D | |
| Common Stock | Dec 21, 2017 | M | 599 | $38.26 | A | 14,530 | D | |
| Common Stock | Dec 21, 2017 | M | 599 | $39.68 | A | 15,129 | D | |
| Common Stock | Dec 21, 2017 | S | 2,569 | $49.00 | 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)F2,F1,F3 | $28.03 | Dec 21, 2017 | M | 148 | D | — | Mar 4, 2020 | Common Stock | 148 | 0 | D |
| Stock Options (right to buy)F2,F4,F3 | $22.21 | Dec 21, 2017 | M | 148 | D | — | Mar 4, 2020 | Common Stock | 148 | 0 | D |
| Stock Options (right to buy)F2,F5,F3 | $28.78 | Dec 21, 2017 | M | 148 | D | — | Mar 4, 2020 | Common Stock | 148 | 0 | D |
| Stock Options (right to buy)F7,F6,F8 | $44.99 | Dec 21, 2017 | M | 328 | D | — | Mar 4, 2021 | Common Stock | 328 | 271 | D |
| Stock Options (right to buy)F7,F9,F8 | $44.28 | Dec 21, 2017 | M | 599 | D | — | Mar 4, 2021 | Common Stock | 599 | 0 | D |
| Stock Options (right to buy)F7,F10,F8 | $38.26 | Dec 21, 2017 | M | 599 | D | — | Mar 4, 2021 | Common Stock | 599 | 0 | D |
| Stock Options (right to buy)F7,F11,F8 | $39.68 | Dec 21, 2017 | M | 599 | D | — | Mar 4, 2021 | Common Stock | 599 | 0 | D |
Explanation of responses
- F1On June 2, 2017, the issuer completed the spin-off of SEACOR Marine Holdings Inc.(the "SMHI Spin-Off"), in which the issuer distributed all shares of SMHI to the issuer's stockholders. The completion of the SMHI Spin-off resulted in an adjustment to the exercise price of these options from $46.15 to $29.78. On December 20, 2017, the issuer paid a dividend to its stockholders consisting of a portion of the issuer's shares of Dorian LPG Ltd., which resulted in a further adjustment to the exercise price of these options from $29.78 to $28.03.
- F10On June 2, 2017, the issuer completed the spin-off of SEACOR Marine Holdings Inc.(the "SMHI Spin-Off"), in which the issuer distributed all shares of SMHI to the issuer's stockholders. The completion of the SMHI Spin-off resulted in an adjustment to the exercise price of these options from $62.01 to $40.01. On December 20, 2017, the issuer paid a dividend to its stockholders consisting of a portion of the issuer's shares of Dorian LPG Ltd., which resulted in a further adjustment to the exercise price of these options from $40.01 to $38.26.
- F11On June 2, 2017, the issuer completed the spin-off of SEACOR Marine Holdings Inc.(the "SMHI Spin-Off"), in which the issuer distributed all shares of SMHI to the issuer's stockholders. The completion of the SMHI Spin-off resulted in an adjustment to the exercise price of these options from $64.22 to $41.43. On December 20, 2017, the issuer paid a dividend to its stockholders consisting of a portion of the issuer's shares of Dorian LPG Ltd., which resulted in a further adjustment to the exercise price of these options from $41.43 to $39.68.
- F2On June 2, 2017, in connection with the SMHI Spin-Off, these options were adjusted, resulting in the reporting person's ownership of 52 additional stock options.
- F3This option became exercisable in five equal annual installments beginning on March 4, 2011 and ending on March 4, 2015.
- F4On June 2, 2017, the issuer completed the spin-off of SEACOR Marine Holdings Inc.(the "SMHI Spin-Off"), in which the issuer distributed all shares of SMHI to the issuer's stockholders. The completion of the SMHI Spin-off resulted in an adjustment to the exercise price of these options from $37.13 to $23.96. On December 20, 2017, the issuer paid a dividend to its stockholders consisting of a portion of the issuer's shares of Dorian LPG Ltd., which resulted in a further adjustment to the exercise price of these options from $23.96 to $22.21.
- F5On June 2, 2017, the issuer completed the spin-off of SEACOR Marine Holdings Inc.(the "SMHI Spin-Off"), in which the issuer distributed all shares of SMHI to the issuer's stockholders. The completion of the SMHI Spin-off resulted in an adjustment to the exercise price of these options from $47.31 to $30.53. On December 20, 2017, the issuer paid a dividend to its stockholders consisting of a portion of the issuer's shares of Dorian LPG Ltd., which resulted in a further adjustment to the exercise price of these options from $30.53 to $28.78.
- F6On June 2, 2017, the issuer completed the spin-off of SEACOR Marine Holdings Inc.(the "SMHI Spin-Off"), in which the issuer distributed all shares of SMHI to the issuer's stockholders. The completion of the SMHI Spin-off resulted in an adjustment to the exercise price of these options from $72.45 to $46.74. On December 20, 2017, the issuer paid a dividend to its stockholders consisting of a portion of the issuer's shares of Dorian LPG Ltd., which resulted in a further adjustment to the exercise price of these options from $46.74 to $44.99.
- F7On June 2, 2017, in connection with the SMHI Spin-Off, these options were adjusted, resulting in the reporting person's ownership of 212 additional stock options.
- F8This option became exercisable in five equal annual installments beginning on March 4, 2012 and ending on March 4, 2016.
- F9On June 2, 2017, the issuer completed the spin-off of SEACOR Marine Holdings Inc.(the "SMHI Spin-Off"), in which the issuer distributed all shares of SMHI to the issuer's stockholders. The completion of the SMHI Spin-off resulted in an adjustment to the exercise price of these options from $71.35 to $46.03. On December 20, 2017, the issuer paid a dividend to its stockholders consisting of a portion of the issuer's shares of Dorian LPG Ltd., which resulted in a further adjustment to the exercise price of these options from $46.03 to $44.28.