Gregory Scott Rossmiller - Mar 12, 2024 Form 4 Insider Report for SEACOR Marine Holdings Inc. (SMHI)

Role
SVP & CAO
Signature
/s/ Andrew H. Everett II, Attorney-in-Fact
Stock symbol
SMHI
Transactions as of
Mar 12, 2024
Transactions value $
-$77,924
Form type
4
Date filed
3/14/2024, 04:50 PM
Previous filing
Mar 5, 2024
Next filing
Jul 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMHI Common Stock Options Exercise +15.8K +7.05% 240K Mar 12, 2024 Direct F1
transaction SMHI Common Stock Tax liability -$77.9K -6.21K -2.59% $12.54 234K Mar 12, 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 Options Exercise $0 -15.8K -100% $0.00* 0 Mar 12, 2024 Common Stock 15.8K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance restricted stock units ("PRSUs") convert into shares of Common Stock on a one-for-one basis. See note 2 below for further detail.
F2 On 3/12/21, the Reporting Person was granted 15,790 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.