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: 3/10/2020ACC: 0001209191-20-017783
DirectorOfficer· President & CEO
Since Sep 2018
-122.80K
Net shares
Net seller
$42.0K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
312.06K acquired · 434.86K disposed
Non-Derivative Transactions2
COMMON STOCK
Direct
Shares
+312.06K
Price / share
—
Trade value
—
% of position
27.1%
3/6/2020
1.15M→1.47M
COMMON STOCK
Direct
Shares
−122.80K
Price / share
$0.34
Trade value
$42K
% of position
8.4%
3/6/2020
1.47M→1.34M
Total
Net shares
+189.27K
Net value
-$42K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK Direct | 3/6/2020 | M · Option Exercise | +312.06K | — | — | 27.1% | 1.15M | 1.47M |
| COMMON STOCK Direct | 3/6/2020 | F · Tax Withholding | −122.80K | $0.34 | $42K | 8.4% | 1.47M | 1.34M |
| Total | +189.27K | -$42K | ||||||
Derivative Transactions1
PHANTOM STOCK
Direct
Converts to
COMMON STOCK
312.06K shares
Shares
−312.06K
Strike price
Held after
624.13K
Exercisable
—
3/6/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| PHANTOM STOCK Direct | COMMON STOCK312.06K shares | 3/6/2020 | M · Option Exercise | −312.06K | — | 624.13K |
Non-Derivative Holdings (Post-Transaction)5
COMMON STOCK
IndirectShares owned70.00
COMMON STOCK
IndirectShares owned220.00
COMMON STOCK
IndirectShares owned86.72K
COMMON STOCK
IndirectShares owned701.00
COMMON STOCK
IndirectShares owned1.65K
Total
89.36K indirect89.36K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| COMMON STOCK | 70.00 | Indirect |
| COMMON STOCK | 220.00 | Indirect |
| COMMON STOCK | 86.72K | Indirect |
| COMMON STOCK | 701.00 | Indirect |
| COMMON STOCK | 1.65K | Indirect |
| Total | 89.36K | 89.36K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported