HORNBECK TODD M (President & CEO) 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: 2/10/2020ACC: 0001209191-20-007952
DirectorOfficer· President & CEO
Since Sep 2018
-67K
Net shares
Net seller
$6.5K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
170.25K acquired · 237.25K disposed
Non-Derivative Transactions2
COMMON STOCK
Direct
Shares
+170.25K
Price / share
—
Trade value
—
% of position
19.1%
2/6/2020
891.03K→1.06M
COMMON STOCK
Direct
Shares
−67K
Price / share
$0.10
Trade value
$6.50K
% of position
6.3%
2/6/2020
1.06M→994.29K
Total
Net shares
+103.26K
Net value
-$6.50K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK Direct | 2/6/2020 | M · Option Exercise | +170.25K | — | — | 19.1% | 891.03K | 1.06M |
| COMMON STOCK Direct | 2/6/2020 | F · Tax Withholding | −67K | $0.10 | $6.50K | 6.3% | 1.06M | 994.29K |
| Total | +103.26K | -$6.50K | ||||||
Derivative Transactions1
PHANTOM STOCK
Direct
Converts to
COMMON STOCK
170.25K shares
Shares
−170.25K
Strike price
Held after
170.25K
Exercisable
—
2/6/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| PHANTOM STOCK Direct | COMMON STOCK170.25K shares | 2/6/2020 | M · Option Exercise | −170.25K | — | 170.25K |
Non-Derivative Holdings (Post-Transaction)5
COMMON STOCK
IndirectShares owned86.72K
COMMON STOCK
IndirectShares owned220.00
COMMON STOCK
IndirectShares owned70.00
COMMON STOCK
IndirectShares owned1.65K
COMMON STOCK
IndirectShares owned701.00
Total
89.36K indirect89.36K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| COMMON STOCK | 86.72K | Indirect |
| COMMON STOCK | 220.00 | Indirect |
| COMMON STOCK | 70.00 | Indirect |
| COMMON STOCK | 1.65K | Indirect |
| COMMON STOCK | 701.00 | Indirect |
| Total | 89.36K | 89.36K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported