UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Performance Share Unit | Â (2) | Â (3) | Common Stock | 17,006 (4) | $ (2) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Neikirk Kenneth English 3505 W. SAM HOUSTON PARKWAY N. SUITE 400 HOUSTON, TX 77043 |
 |  |  SVP, Gen Counsel & Secretary |  |
Kenneth E. Neikirk by power of attorney | 05/03/2019 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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) | Of the shares owned, 2,835 are restricted shares granted in 2017 as part of a restricted stock award pursuant to the Helix Energy Solutions Group, Inc.'s ("Helix") 2005 Long Term Incentive Plan (as Amended and Restated effective January 1, 2017). |
(2) | Each Performance Share Unit ("PSU") represents the contingent right to receive one share of Helix's common stock. Actual number of shares upon vesting may range from 0% to 200% dependent on Helix's relative shareholder return as compared to its peer group over a three-year period beginning January 1, 2018 and ending December 31, 2020. |
(3) | Upon payment of the PSUs, which shall occur no later than March 15, 2021. |
(4) | Amount reported is 200% of the number of PSUs granted and the maximum number that may be earned. |