Andrew H. Everett II - Mar 4, 2024 Form 4 Insider Report for SEACOR Marine Holdings Inc. (SMHI)

Role
Sr. VP, General Counsel & Secy
Signature
/s/ Andrew H. Everett II
Stock symbol
SMHI
Transactions as of
Mar 4, 2024
Transactions value $
-$403,754
Form type
4
Date filed
3/5/2024, 07:24 PM
Previous filing
Oct 23, 2023
Next filing
Mar 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMHI Common Stock Award $0 +66.4K +33.84% $0.00 263K Mar 4, 2024 Direct F1
transaction SMHI Common Stock Tax liability -$404K -32.9K -12.52% $12.28 230K Mar 4, 2024 Direct

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 SMHI Performance Restricted Stock Units Award $0 +26.1K $0.00 26.1K Mar 4, 2024 Common Stock 26.1K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock award reported on this Form 4 will lapse in three equal annual installments beginning on March 4, 2025 and ending on March 4, 2027.
F2 Each Performance Restricted Stock Unit (each, a "PRSU") represents a contingent right to receive, at vesting, one share of Common Stock subject to the achievement of certain performance goals and service-based vesting requirements.
F3 These PRSUs consist of five equal tranches, each of which will 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 will 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 are $13.29, $15.13, $17.08, $19.02 and $20.86, respectively.