Erik Staffeldt - 06 Mar 2024 Form 4 Insider Report for HELIX ENERGY SOLUTIONS GROUP INC (HLX)

Role
EVP & CFO
Signature
Ken Neikirk by Power of Attorney
Issuer symbol
HLX
Transactions as of
06 Mar 2024
Net transactions value
-$784,487
Form type
4
Filing time
08 Mar 2024, 16:22:41 UTC
Previous filing
05 Jan 2024
Next filing
03 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLX Common Stock Options Exercise $0 +193,931 +58% $0.000000 527,311 06 Mar 2024 Direct F1
transaction HLX Common Stock Tax liability $784,487 -76,312 -14% $10.28 450,999 06 Mar 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HLX Performance Share Units Options Exercise $0 -193,931 -100% $0.000000* 0 06 Mar 2024 Common Stock 193,931 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Share Unit ("2021 PSU") was previously granted on January 4, 2021 and represented the contingent right to receive one share of Company common stock. Actual number of shares upon vesting could have ranged from 0% to 200% dependent on the Company's performance over the three-year period beginning January 1, 2021 and ended December 31, 2023. Amount earned and vested was 181% of the number of 2021 PSUs granted.
F2 These shares were forfeited to satisfy tax obligations related to the vesting of the reporting person's 2021 PSUs.