ANNESSA CARL G (Executive Vice President & COO) exercised options at HORNBECK OFFSHORE SERVICES INC /LA
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 3/10/2020ACC: 0001209191-20-017771
Officer· Executive Vice President & COO
Since Feb 2019
-44.58K
Net shares
Net seller
$15.2K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
113.29K acquired · 157.87K disposed
Non-Derivative Transactions2
COMMON STOCK
Direct
Shares
+113.29K
Price / share
—
Trade value
—
% of position
26.5%
3/6/2020
427.56K→540.84K
COMMON STOCK
Direct
Shares
−44.58K
Price / share
$0.34
Trade value
$15.25K
% of position
8.2%
3/6/2020
540.84K→496.26K
Total
Net shares
+68.71K
Net value
-$15.25K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK Direct | 3/6/2020 | M · Option Exercise | +113.29K | — | — | 26.5% | 427.56K | 540.84K |
| COMMON STOCK Direct | 3/6/2020 | F · Tax Withholding | −44.58K | $0.34 | $15.25K | 8.2% | 540.84K | 496.26K |
| Total | +68.71K | -$15.25K | ||||||
Derivative Transactions1
PHANTOM STOCK
Direct
Converts to
COMMON STOCK
113.29K shares
Shares
−113.29K
Strike price
Held after
226.57K
Exercisable
—
3/6/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| PHANTOM STOCK Direct | COMMON STOCK113.29K shares | 3/6/2020 | M · Option Exercise | −113.29K | — | 226.57K |
Non-Derivative Holdings (Post-Transaction)1
COMMON STOCK
IndirectShares owned5K
Total
5K indirect5K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| COMMON STOCK | 5K | Indirect |
| Total | 5K | 5K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported