SEC Form 4 · accession 0000859598-18-000040

· CKH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Bruce Weins

Officer — SVP/Chief Financial Officer

Period of report

Mar 13, 2018

Accepted (ET)

Mar 14, 2018 · 5:24 pm EDT

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
Common Stock	Mar 13, 2018	M	148	$44.46	A	12,503	D
Common Stock	Mar 13, 2018	M	271	$44.99	A	12,774	D
Common Stock	Mar 13, 2018	M	899	$44.98	A	13,673	D
Common Stock	Mar 13, 2018	M	899	$38.53	A	14,572	D
Common Stock	Mar 13, 2018	M	899	$39.36	A	15,471	D
Common Stock	Mar 13, 2018	M	899	$41.23	A	16,370	D
Common Stock	Mar 13, 2018	M	1,240	$42.23	A	17,610	D
Common Stock	Mar 13, 2018	M	564	$45.28	A	18,174	D
Common Stock	Mar 13, 2018	M	1,045	$44.87	A	19,219	D
Common Stock	Mar 13, 2018	M	1,045	$43.24	A	20,264	D
Common Stock	Mar 13, 2018	M	1,045	$38.57	A	21,309	D
Common Stock	Mar 13, 2018	M	1,045	$34.14	A	22,354	D
Common Stock	Mar 13, 2018	M	930	$31.05	A	23,284	D
Common Stock	Mar 13, 2018	M	930	$35.10	A	24,214	D
Common Stock	Mar 13, 2018	M	930	$36.24	A	25,144	D
Common Stock	Mar 13, 2018	M	930	$39.18	A	26,074	D
Common Stock	Mar 13, 2018	M	775	$39.37	A	26,849	D
Common Stock	Mar 13, 2018	M	775	$37.63	A	27,624	D
Common Stock	Mar 13, 2018	M	775	$35.68	A	28,399	D
Common Stock	Mar 13, 2018	M	775	$47.10	A	29,174	D
Common Stock	Mar 13, 2018	S	16,819	$48.50	D	12,355	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	$44.46	Mar 13, 2018	M	148	D	—	Mar 4, 2020	Common Stock	148	0	D
Stock Options (right to buy)^F5,F4,F6	$44.99	Mar 13, 2018	M	271	D	—	Mar 4, 2021	Common Stock	271	0	D
Stock Options (right to buy)^F8,F7,F9	$44.98	Mar 13, 2018	M	899	D	—	Mar 2, 2022	Common Stock	899	0	D
Stock Options (right to buy)^F8,F10,F9	$38.53	Mar 13, 2018	M	899	D	—	Mar 4, 2022	Common Stock	899	0	D
Stock Options (right to buy)^F8,F11,F9	$39.36	Mar 13, 2018	M	899	D	—	Mar 4, 2022	Common Stock	899	0	D
Stock Options (right to buy)^F8,F12,F9	$41.23	Mar 13, 2018	M	899	D	—	Mar 4, 2022	Common Stock	899	0	D
Stock Options (right to buy)^F14,F13,F15	$42.23	Mar 13, 2018	M	1,240	D	—	Mar 4, 2023	Common Stock	1,240	0	D
Stock Options (right to buy)^F17,F16,F18	$45.28	Mar 13, 2018	M	564	D	—	Dec 3, 2024	Common Stock	564	341	D
Stock Options (right to buy)^F20,F19,F21	$44.87	Mar 13, 2018	M	1,045	D	—	Mar 4, 2025	Common Stock	1,045	698	D
Stock Options (right to buy)^F20,F22,F21	$43.24	Mar 13, 2018	M	1,045	D	—	Mar 4, 2025	Common Stock	1,045	698	D
Stock Options (right to buy)^F20,F23,F21	$38.57	Mar 13, 2018	M	1,045	D	—	Mar 4, 2025	Common Stock	1,045	698	D
Stock Options (right to buy)^F20,F24,F21	$34.14	Mar 13, 2018	M	1,045	D	—	Mar 4, 2025	Common Stock	1,045	698	D
Stock Options (right to buy)^F26,F25,F27	$31.05	Mar 13, 2018	M	930	D	—	Mar 4, 2026	Common Stock	930	1,395	D
Stock Options (right to buy)^F26,F28,F27	$35.10	Mar 13, 2018	M	930	D	—	Mar 4, 2026	Common Stock	930	1,395	D
Stock Options (right to buy)^F26,F29,F27	$36.24	Mar 13, 2018	M	930	D	—	Mar 4, 2026	Common Stock	930	1,395	D
Stock Options (right to buy)^F26,F30,F27	$39.18	Mar 13, 2018	M	930	D	—	Mar 4, 2026	Common Stock	930	1,395	D
Stock Options (right to buy)^F32,F31,F33	$39.37	Mar 13, 2018	M	775	D	—	Apr 5, 2027	Common Stock	775	2,325	D
Stock Options (right to buy)^F34,F33	$35.68	Mar 13, 2018	M	775	D	—	Apr 7, 2027	Common Stock	775	2,325	D
Stock Options (right to buy)^F35,F33	$37.63	Mar 13, 2018	M	775	D	—	Apr 7, 2027	Common Stock	775	2,325	D
Stock Options (right to buy)^F36,F33	$47.10	Mar 13, 2018	M	775	D	—	Apr 7, 2027	Common Stock	775	2,325	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 $71.62 to $46.21. 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 $46.21 to $44.46.
F10On June 2, 2017, the issuer completed 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 $62.43 to $40.28. 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 $40.28 to $38.53.
F11On June 2, 2017, the issuer completed 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 $63.71 to $41.11. 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 $41.11 to $39.36.
F12On June 2, 2017, the issuer completed 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 $66.62 to $42.98. 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 $42.98 to $41.23.
F13On June 2, 2017, the issuer completed 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 $68.17 to $43.98. 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 $43.98 to $42.23.
F14On June 2, 2017, in connection with the SMHI Spin-Off, these options were adjusted, resulting in the reporting person's ownership of 440 additional stock options.
F15This option became exercisable in five equal annual installments beginning on March 4, 2014 and ending on March 4, 2018.
F16On June 2, 2017, the issuer completed 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 $72.9 to $47.03. 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 $47.03 to $45.28.
F17On 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.
F18This option is exercisable in five equal annual installments beginning on March 4, 2015 and ending on March 4, 2019.
F19On June 2, 2017, the issuer completed 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 $72.25 to $46.62. 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 $46.62 to $44.87.
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.
F20On June 2, 2017, in connection with the SMHI Spin-Off, these options were adjusted, resulting in the reporting person's ownership of 618 additional stock options.
F21This option is exercisable in five equal annual installments beginning on March 4, 2016 and ending on March 4, 2020.
F22On June 2, 2017, the issuer completed 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 $69.73 to $44.99. 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 $44.99 to $43.24.
F23On June 2, 2017, the issuer completed 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 $62.49 to $40.32. 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 $40.32 to $38.57.
F24On June 2, 2017, the issuer completed 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 $55.63 to $35.89. 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 $35.89 to $34.14.
F25On June 2, 2017, the issuer completed 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 $50.83 to $32.80. 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 $32.80 to $31.05.
F26On June 2, 2017, in connection with the SMHI Spin-Off, these options were adjusted, resulting in the reporting person's ownership of 825 additional stock options.
F27This option is exercisable in five equal annual installments beginning on March 4, 2017 and ending on March 4, 2021.
F28On June 2, 2017, the issuer completed 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 $57.11 to $36.85. 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 $36.85 to $35.10.
F29On June 2, 2017, the issuer completed 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 $58.88 to $37.99. 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 $37.99 to $36.24.
F3This option became exercisable in five equal annual installments beginning on March 4, 2011 and ending on March 4, 2015.
F30On June 2, 2017, the issuer completed 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 $63.44 to $40.93. 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 $40.93 to $39.18.
F31On June 2, 2017, the issuer completed 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 $64.66 to $41.72. 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 $41.72 to $39.97.
F32On June 2, 2017, in connection with the SMHI Spin-Off, these options were adjusted, resulting in the reporting person's ownership of 1100 additional stock options.
F33This option is exercisable in five equal annual installments beginning on March 4, 2018 and ending on March 4, 2022.
F34On 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 an adjustment to the exercise price of these options from $37.43 to $35.68.
F35On 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 an adjustment to the exercise price of these options from $39.38 to $37.63.
F36On 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 an adjustment to the exercise price of these options from $48.85 to $47.10.
F4On June 2, 2017, the issuer completed 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.
F5On 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.
F6This option became exercisable in five equal annual installments beginning on March 4, 2012 and ending on March 4, 2016.
F7On June 2, 2017, the issuer completed 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 $72.43 to $46.73. 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 $46.73 to $44.98.
F8On June 2, 2017, in connection with the SMHI Spin-Off, these options were adjusted, resulting in the reporting person's ownership of 319 additional stock options.
F9This option became exercisable in five equal annual installments beginning on March 4, 2013 and ending on March 4, 2017.