Brent Arriaga - Jan 3, 2024 Form 4 Insider Report for HELIX ENERGY SOLUTIONS GROUP INC (HLX)

Role
CAO and Corporate Controller
Signature
Ken Neikirk by power of attorney
Stock symbol
HLX
Transactions as of
Jan 3, 2024
Transactions value $
-$24,114
Form type
4
Date filed
1/5/2024, 04:18 PM
Previous filing
Jan 3, 2024
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLX Common Stock Options Exercise +5.65K +199.79% 8.47K Jan 3, 2024 Direct F1, F2
transaction HLX Common Stock Tax liability -$24.1K -2.41K -28.43% $10.01 6.06K Jan 3, 2024 Direct F2, F3

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 HLX Restricted Stock Units Options Exercise $0 -5.65K -33.33% $0.00 11.3K Jan 3, 2024 Common Stock 5.65K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("2023 RSU") represents the contingent right to receive one share of Company common stock. Forfeiture restrictions lapsed with respect to one-third of the grant of the 2023 RSUs on January 3, 2024. Forfeiture restrictions with respect to an additional one-third of the grant will lapse on January 3, 2025 and the remaining one-third of the grant will lapse on January 3, 2026.
F2 Includes shares acquired under the Company's Employee Stock Purchase Plan.
F3 These shares were forfeited to satisfy tax obligations related to the vesting of the pro rata portion of the reporting person's 2023 RSUs.
F4 Upon lapse of the forfeiture restrictions of the 2023 RSUs.