0001209191-21-001593.txt : 20210105
0001209191-21-001593.hdr.sgml : 20210105
20210105185133
ACCESSION NUMBER: 0001209191-21-001593
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210102
FILED AS OF DATE: 20210105
DATE AS OF CHANGE: 20210105
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sparks Scott Andrew
CENTRAL INDEX KEY: 0001640450
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32936
FILM NUMBER: 21508010
MAIL ADDRESS:
STREET 1: 3505 WEST SAM HOUSTON PARKWAY NORTH
CITY: HOUSTON
STATE: TX
ZIP: 77043
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HELIX ENERGY SOLUTIONS GROUP INC
CENTRAL INDEX KEY: 0000866829
STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389]
IRS NUMBER: 953409686
STATE OF INCORPORATION: MN
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3505 W SAM HOUSTON NORTH
STREET 2: SUITE 400
CITY: HOUSTON
STATE: TX
ZIP: 77043
BUSINESS PHONE: 281-618-0400
MAIL ADDRESS:
STREET 1: 3505 W SAM HOUSTON NORTH
STREET 2: SUITE 400
CITY: HOUSTON
STATE: TX
ZIP: 77043
FORMER COMPANY:
FORMER CONFORMED NAME: CAL DIVE INTERNATIONAL INC
DATE OF NAME CHANGE: 19960821
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-01-02
0
0000866829
HELIX ENERGY SOLUTIONS GROUP INC
HLX
0001640450
Sparks Scott Andrew
3505 W SAM HOUSTON PARKWAY N.
SUITE 400
HOUSTON
TX
77043
0
1
0
0
EVP and COO
Common Stock
2021-01-02
4
F
0
10135
4.20
D
210002
D
Common Stock
2021-01-02
4
F
0
12790
4.20
D
197212
D
Common Stock
2021-01-02
4
F
0
7596
4.20
D
189616
D
Restricted Stock Units
2021-01-04
4
A
0
119048
0.00
A
Common Stock
119048
119048
D
Performance Share Units
2021-01-04
4
A
0
238096
0.00
A
Common Stock
238096
238096
D
These shares were forfeited to satisfy tax obligations related to the vesting of the pro rata portion of the reporting person's 2018 restricted stock award.
These shares were forfeited to satisfy tax obligations related to the vesting of the pro rata portion of the reporting person's 2019 restricted stock award.
These shares were forfeited to satisfy tax obligations related to the vesting of the pro rata portion of the reporting person's 2020 restricted stock award.
This Restricted Stock Unit ("RSU") award was granted pursuant to the Company's 2005 Long Term Incentive Plan (as Amended and Restated effective May 15, 2019, the "LTIP") and each RSU represents the contingent right to receive one share of Company common stock. Forfeiture restrictions will lapse with respect to the RSUs granted on the basis of 33% of the grant on January 1, 2022, 66% of the grant on January 1, 2023 and 100% of the grant on January 1, 2024. Upon vesting, the Compensation Committee of the Company's Board of Directors has the option to pay the value in cash at its discretion.
Upon lapse of forfeiture restrictions for the RSUs.
This Performance Share Unit ("PSU") award was granted pursuant to the LTIP and each PSU represents the contingent right to receive one share of Company common stock. Actual number of shares upon vesting may range from 0% to 200% dependent on the Company's performance over a three-year period beginning January 1, 2021 and ending December 31, 2023. Upon vesting, the Compensation Committee of the Company's Board of Directors has the option to pay the value in cash at its discretion.
Amount reported is 200% of the number of PSUs granted and the maximum number that may be earned.
Upon payment of the PSUs, which shall occur no later than March 15, 2024.
Ken Neikirk by power of attorney
2021-01-05