SEC Form 4 · accession 0001193125-26-382139
HORNBECK OFFSHORE SERVICES, INC. · HOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Andrew Sparks
Officer — See Remarks
Period of report
Sep 1, 2026
Accepted (ET)
Sep 3, 2026 · 5:40 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000866829
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Sep 2, 2026 | A | 70,000 | $0.00 | A | 371,042 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1 | — | Sep 1, 2026 | D | 181,120 | D | — | — | Common stock | 181,120 | 0 | D |
| Performance Share UnitsF4,F1 | — | Sep 1, 2026 | D | 250,292 | D | — | — | Common stock | 250,292 | 0 | D |
| Stock Option (right to buy) | $10.60 | Sep 2, 2026 | A | 210,000 | A | Sep 1, 2029 | Sep 2, 2036 | Common Stock | 210,000 | 210,000 | D |
Explanation of responses
- F1On September 1, 2026 (the "Closing Date"), pursuant to that certain Agreement and Plan of Merger, dated as of April 22, 2026 (the "Merger Agreement"), by and among Helix Energy Solutions Group, Inc. ("Helix"), Hornbeck Offshore Services, Inc. ("Hornbeck"), Odyssey Sub, Inc. and Hercules Sub LLC, the parties effected certain mergers (the "Mergers"). In connection with the Mergers, Helix converted from a Minnesota corporation to a Delaware corporation (the "Conversion") and Hornbeck became a wholly owned subsidiary of Helix. Following the Conversion and the Mergers, Helix was renamed "Hornbeck Offshore Services, Inc." (the "Combined Company").
- F2Represents a grant of 70,000 restricted stock units ("RSUs"), each of which represents a contingent right to receive, upon vesting, one share of common stock of the Combined Company, par value $0.00001 per share ("Common Stock"). The RSUs vest on September 1, 2029.
- F3Pursuant to the Merger Agreement, each outstanding Helix RSU, whether or not vested, was canceled and converted into the right of the holder to receive a cash payment equal to the closing price of a share of Helix's common stock on the trading day immediately prior to the Closing Date.
- F4Pursuant to the Merger Agreement, each outstanding Helix performance share unit, whether or not vested, was canceled and converted into the right of the holder to receive a cash payment equal to the closing price of a share of Helix's common stock on the trading day immediately prior to the Closing Date multiplied by such number of shares subject to the award with performance deemed achieved based on the greater of target and actual level of performance through immediately prior to the effective time of the Mergers as reasonably determined by the Helix board of directors in good faith.
Remarks
Executive Vice President and Chief Operating Officer, Subsea Services and Well Intervention Exhibit 24.1 - Power of Attorney