Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Kneen Quintin
2. Issuer Name and Ticker or Trading Symbol
GULFMARK OFFSHORE INC [GLF]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2008
(Street)


X1 
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock   06/15/2008   P 25.599     (1)   (1) Common Stock
25.599
$ 64.67 25.599
D
 
Phantom Stock   06/30/2008   P 28.455     (1)   (1) Common Stock
28.455
$ 58.18 54.054
D
 
Phantom Stock   07/15/2008   P 30.834     (1)   (1) Common Stock
30.834
$ 53.69 84.888
D
 
Phantom Stock   07/31/2008   P 32.991     (1)   (1) Common Stock
32.991
$ 50.18 117.879
D
 
Phantom Stock   08/15/2008   P 34.619     (1)   (1) Common Stock
34.619
$ 47.82 152.498
D
 
Phantom Stock   08/31/2008   P 33.044     (1)   (1) Common Stock
33.044
$ 50.1 185.542
D
 
Phantom Stock   09/15/2008   P 37.362     (1)   (1) Common Stock
37.362
$ 44.31 222.904
D
 
Phantom Stock   09/30/2008   P 36.887     (1)   (1) Common Stock
36.887
$ 44.88 259.791
D
 
Phantom Stock   10/15/2008   P 56.968     (1)   (1) Common Stock
56.968
$ 29.06 316.759
D
 
Phantom Stock   10/31/2008   P 44.743     (1)   (1) Common Stock
44.743
$ 37 361.502
D
 
Phantom Stock   11/15/2008   P 58.354     (1)   (1) Common Stock
58.354
$ 28.37 419.856
D
 
Phantom Stock   11/30/2008   P 58.498     (1)   (1) Common Stock
58.498
$ 28.3 478.354
D
 
Phantom Stock   12/15/2008   P 67.627     (1)   (1) Common Stock
67.627
$ 24.48 545.981
D
 
Phantom Stock   12/31/2008   P 69.588     (1)   (1) Common Stock
69.588
$ 23.79 615.569
D
 
Phantom Stock   01/15/2009   P 102.371     (1)   (1) Common Stock
102.371
$ 26.1 717.94
D
 
Phantom Stock   01/31/2009   P 111.608     (1)   (1) Common Stock
111.608
$ 23.94 829.548
D
 
Phantom Stock   02/15/2009   P 102.019     (1)   (1) Common Stock
102.019
$ 26.19 931.567
D
 
Phantom Stock   02/28/2009   P 127.903     (1)   (1) Common Stock
127.903
$ 20.89 1,059.47
D
 
Phantom Stock   03/15/2009   P 142.501     (1)   (1) Common Stock
142.501
$ 18.75 1,201.971
D
 
Phantom Stock   03/15/2009   P 2,566.667     (1)   (1) Common Stock
2,566.667
$ 18.75 3,768.638
D
 
Phantom Stock   03/31/2009   P 111.981     (1)   (1) Common Stock
111.981
$ 23.86 3,880.619
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kneen Quintin

X1 
  X      

Signatures

/s/ Quintin Kneen 04/16/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On reviewing the Section 16 reporting requirements relating to GulfMark Offshore, Inc.'s Executive Nonqualified Excess Plan, it was determined that the phantom stock units created by the deferral of compensation by both officers and directors should have been reported as a derivative security by the officer/director once the phantom stock unit was allocated to his account. This filing reports all transactions related to the phantom stock units in the plan allocated to the individual from his point of entry into the plan through March 31, 2009. Each phantom stock unit is the economic equivalent of one share of common stock. Subject to the provisions of the plan, the phantom stock units become payable only in common stock upon the officer/director's termination of service."

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