Brent Alexander Arriaga - Jan 1, 2025 Form 4 Insider Report for HELIX ENERGY SOLUTIONS GROUP INC (HLX)

Signature
/s/ Ken Neikirk by power of attorney
Stock symbol
HLX
Transactions as of
Jan 1, 2025
Transactions value $
-$16,114
Form type
4
Date filed
1/3/2025, 05:16 PM
Previous filing
Jun 4, 2024
Next filing
Jan 6, 2025

Transactions Table

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 -4.05K -33.33% $0.00 8.11K Jan 1, 2025 Common Stock 4.05K Direct F1, F4
transaction HLX Restricted Stock Units Award $0 +21.5K $0.00 21.5K Jan 1, 2025 Common Stock 21.5K Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("2024 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 2024 RSUs on January 1, 2025. Forfeiture restrictions with respect to an additional one-third of the grant will lapse on January 1, 2026 and the remaining one-third of the grant will lapse on January 1, 2027.
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 2024 RSUs.
F4 Upon lapse of the forfeiture restrictions of the 2024 RSUs.
F5 This Restricted Stock Unit ("2025 RSU") award was granted pursuant to the Company's 2005 Long Term Incentive Plan (as Amended and Restated effective May 15, 2024, the "LTIP") and each 2025 RSU represents the contingent right to receive one share of Company common stock. Forfeiture restrictions will lapse with respect to the 2025 RSUs granted on the basis of one-third of the grant on January 1, 2026, an additional one-third of the grant on January 1, 2027 and the remaining one-third of the grant on January 1, 2028. Upon each 2025 RSU vesting, the Compensation Committee of the Company's Board of Directors has the option to pay the value in cash at its discretion.
F6 Upon lapse of the forfeiture restrictions of the 2025 RSUs.