X0202 4 2005-11-01 0001330849 HERCULES OFFSHORE, INC. HERO 0001008023 WEBSTER STEVEN A 11 GREENWAY PLAZA, SUITE 2950 HOUSTON TX 77046 1 0 0 0 Membership Interests 2005-11-01 5 J 0 1040 D 0 D Common Stock, par value $0.01 per share 2005-11-01 5 J 0 364000 A 364000 D Membership Interests 2005-11-01 5 J 0 2962 D 0 I See footnote Common Stock, par value $0.01 per share 2005-11-01 5 J 0 1036700 A 1036700 I See footnote Common Stock, par value $0.01 per share 2005-11-01 4 S 0 109173 20.00 D 254827 D Common Stock, par value $0.01 per share 2005-11-01 4 S 0 53729 20.00 D 982971 I See footnote On November 1, 2005, upon the conversion of Hercules Offshore, LLC from a limited liability company to a corporation named Hercules Offshore, Inc. (the "Company") the membership interests held by the reporting person were converted into shares of common stock, par value $0.01 per share, of Hercules Offshore, Inc. (the "Common Stock") on the basis of 350 shares of Common Stock per membership interest. Each of these transactions is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to, without limitation, Rule 16b-7. Mr. Webster beneficially owns these membership interests indirectly through Kestrel Capital, LP, over which Mr. Webster shares voting and investment power. Mr. Webster beneficially owns these shares of common stock indirectly through Kestrel Capital, LP, over which Mr. Webster shares voting and investment power. /s/ Steven A. Manz, attorney-in-fact 2005-11-03