0000950170-24-031602.txt : 20240314
0000950170-24-031602.hdr.sgml : 20240314
20240314164806
ACCESSION NUMBER: 0000950170-24-031602
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240312
FILED AS OF DATE: 20240314
DATE AS OF CHANGE: 20240314
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gellert John M
CENTRAL INDEX KEY: 0001292966
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37966
FILM NUMBER: 24750955
MAIL ADDRESS:
STREET 1: C/O SEACOR HOLDINGS
STREET 2: 460 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SEACOR Marine Holdings Inc.
CENTRAL INDEX KEY: 0001690334
STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
ORGANIZATION NAME: 01 Energy & Transportation
IRS NUMBER: 472564547
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 12121 WICKCHESTER LANE
STREET 2: SUITE 500
CITY: HOUSTON
STATE: TX
ZIP: 77079
BUSINESS PHONE: 9858765400
MAIL ADDRESS:
STREET 1: 12121 WICKCHESTER LANE
STREET 2: SUITE 500
CITY: HOUSTON
STATE: TX
ZIP: 77079
4
1
ownership.xml
4
X0508
4
2024-03-12
0001690334
SEACOR Marine Holdings Inc.
SMHI
0001292966
Gellert John M
C/O SEACOR MARINE HOLDINGS INC.
12121 WICKCHESTER LANE, SUITE 500
HOUSTON
TX
77079
true
true
false
false
President and CEO
false
Common Stock
2024-03-07
5
G
false
5607
0
A
10153
I
MCG Assets, LLC
Common Stock
2024-03-12
4
G
false
10153
0
D
0
I
MCG Assets, LLC
Common Stock
2024-03-12
4
M
false
51315
A
897275
D
Common Stock
2024-03-12
4
F
false
22579
12.54
D
874696
D
Common Stock
109109
I
JMG Assets, LLC
Common Stock
95158
I
JMG GST LLC
Common Stock
26557
I
Michael E. Gellert 2011 Family Trust
Performance Restricted Stock Units
2024-03-12
4
M
false
51315
0
D
2024-03-12
2024-03-12
Common Stock
51315
0
D
On 3/7/24, MCG Assets, LLC received an annual annuity payment of 5,607 shares from a grantor retained annuity trust ("2023 GRAT"). The 2023 GRAT has an independent trustee and the Reporting Person has no investment control thereof. Accordingly, shares owned by such GRAT are not reported by the Reporting Person.
The Reporting Person serves as a manager of MCG Assets, LLC and, as such, has the power to direct the voting and disposition of the reported securities. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest in the securities.
On 3/12/24, MCG Assets, LLC contributed 10,153 shares to a grantor retained annuity trust ("2024 GRAT"). The 2024 GRAT has an independent trustee and the Reporting Person has no investment control thereof. Accordingly, shares owned by such GRAT are not reported by the Reporting Person. The terms of the 2024 GRAT provide for an annuity payment to MCG Assets, LLC on the first and second anniversary of the contribution and, upon expiration of the GRAT, the Reporting Person is a beneficiary of the remainder (if any) of the GRAT.
Performance restricted stock units ("PRSUs") convert into shares of Common Stock on a one-for-one basis. See note 8 below for further details.
The shares reported here are indirectly owned by the Reporting Person through JMG Assets, LLC. The Reporting Person is the manager of JMG Assets, LLC.
The shares reported here are indirectly owned by the Reporting Person through JMG GST LLC. The Reporting Person is the manager of JMG GST LLC.
The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest.
On 3/12/21, the Reporting Person was granted 51,315 PRSUs consisting of five equal tranches, each of which would be earned if and when the closing price of one share of Common Stock equals or exceeds the specified stock price performance goal for such tranche for 60 consecutive trading days during the three year performance period beginning on the grant date, provided that any earned PRSUs would not be settled until the third anniversary of the grant date, subject to satisfaction of the service-based vesting requirements set forth in the award agreement. The specified stock price performance goals for each tranche were $3.98, $4.53, $5.11, $5.69 and $6.24, respectively. The service-based vesting requirements and each of the specified stock price performance goals were satisfied during the performance period ending 3/12/24 and the shares of Common Stock were issued at such date.
/s/ Andrew H. Everett II, Attorney-in-Fact
2024-03-14