X0303 4 2011-05-05 0001330849 HERCULES OFFSHORE, INC. HERO 0001186701 RODRIGUEZ LISA W 9 GREENWAY PLAZA, SUITE 2200 HOUSTON TX 77046 1 VP, Human Resources Common Stock, Par Value $0.01 Per Share 2011-05-05 4 M 0 17012 1.65 A 235918 D Common Stock, Par Value $0.01 Per Share 2011-05-05 4 M 0 19655 1.65 A 255573 D Common Stock, Par Value $0.01 Per Share 2011-05-05 4 S 0 19655 6.10 D 235918 D Common Stock, Par Value $0.01 Per Share 2011-05-05 4 M 0 4808 3.89 A 240726 D Common Stock, Par Value $0.01 Per Share 2011-05-05 4 S 0 3008 6.05 D 237718 D Common Stock, Par Value $0.01 Per Share 2011-05-05 4 S 0 500 6.055 D 237218 D Common Stock, Par Value $0.01 Per Share 2011-05-05 4 S 0 1200 6.06 D 236018 D Common Stock, Par Value $0.01 Per Share 2011-05-05 4 S 0 100 6.07 D 235918 D Common Stock, Par Value $0.01 Per Share 2011-05-05 4 M 0 22447 3.89 A 258365 D Common Stock, Par Value $0.01 Per Share 2011-05-05 4 S 0 22447 6.10 D 235918 D Common Stock, Par Value $0.01 Per Share 2011-05-05 4 M 0 3500 3.89 A 239418 D Common Stock, Par Value $0.01 Per Share 2011-05-05 4 S 0 3500 6.095 D 235918 D Stock Option (Right to Buy) 1.65 2011-05-05 4 M 0 19655 0 D 2019-02-25 Common Stock, Par Value $0.01 Per Share 19655 75345 D Stock Option (Right to Buy) 1.65 2011-05-05 4 M 0 17012 0 D 2019-02-25 Common Stock, Par Value $0.01 Per Share 17012 58333 D Stock Option (Right to Buy) 3.89 2011-05-05 4 M 0 3500 0 D 2020-02-24 Common Stock, Par Value $0.01 Per Share 3500 146500 D Stock Option (Right to Buy) 3.89 2011-05-05 4 M 0 4808 0 D 2020-02-24 Common Stock, Par Value $0.01 Per Share 4808 141692 D Stock Option (Right to Buy) 3.89 2011-05-05 4 M 0 22447 0 D 2020-02-24 Common Stock, Par Value $0.01 Per Share 22447 119245 D The stock option will become exercisable in three equal amounts on each of the first three anniversaries of the date of grant. The stock option will become exercisable in three equal amounts on each of the first three anniversaries of the date of grant. /s/ James W. Noe, attorney-in-fact 2011-05-06