S-8 1 ef20030986_s8.htm S-8
As filed with the Securities and Exchange Commission on June 12, 2024

Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form S-8
 
REGISTRATION STATEMENT
 
UNDER
 
THE SECURITIES ACT OF 1933
 
 
HELIX ENERGY SOLUTIONS GROUP, INC.
(Exact name of registrant as specified in its charter)
 
Minnesota
  
95-3409686
(State or other jurisdiction of incorporation or organization)
  
(I.R.S. Employer Identification No.)

3505 West Sam Houston Parkway North
Suite 400
Houston, TX 77043
(Address of principal executive offices and zip code)

Helix Energy Solutions Group, Inc. 2005 Long Term Incentive Plan
(As Amended and Restated Effective May 15, 2024)
(Full title of the plan)

Kenneth E. Neikirk
Executive Vice President, General Counsel and Corporate Secretary
3505 West Sam Houston Parkway North, Suite 400
Houston, TX 77043
(281) 618-0400
(Name, address, and telephone number, including area code, of agent for service)

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☑
 
 
 
Accelerated filer ☐
 
 
 
Non-accelerated filer  ☐
 
 
 
Smaller reporting company ☐
 

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.  ☐
 
PART I
 
EXPLANATORY NOTE

This Registration Statement on Form S-8 is being filed for the purpose of registering an additional 7,000,000 shares of common stock, no par value (“Common Stock”), of Helix Energy Solutions Group, Inc. (the “Registrant”) issuable under the Helix Energy Solutions Group, Inc. 2005 Long Term Incentive Plan (As Amended and Restated Effective May 15, 2024) (the “Amended and Restated 2005 LTIP”).  Such shares represent only those additional shares of Common Stock to be issued under the Amended and Restated 2005 LTIP, as authorized and approved by the shareholders of the Registrant at its 2024 Annual Meeting of Shareholders held on May 15, 2024. In accordance with Section E of the General Instructions to Form S-8, the contents of the Registration Statements on Form S-8 as previously filed with the Securities and Exchange Commission (the “Commission”) on August 24, 2012 and January 14, 2022, Registration Nos. 333-183532 and 333-262174, respectively, are incorporated by reference into this Registration Statement.
 
PART II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.
Incorporation of Documents by Reference.

The Registrant hereby incorporates by reference into this Registration Statement the following documents filed by it with the Commission:
 

 (a)
the contents of the Registration Statements on Form S-8 previously filed with the Commission on August 24, 2012 (File No. 333-183532) and January 14, 2022 (File No. 333-262174);


(b)
the Registrant’s Annual Report on Form 10-K (File No. 001-32936) for the year ended December 31, 2023, filed with the Commission on February 29, 2024 (the “2023 Form 10-K”);


(c)
the information specifically incorporated by reference into the 2023 Form 10-K from the Registrant’s definitive proxy statement on Schedule 14A (File No. 001-32936) (other than information furnished rather than filed) filed with the Commission on April 3, 2024;


(d)
the Registrant’s Quarterly Report on Form 10-Q (File No. 001-32936) for the quarterly period ended March 31, 2024 filed with the Commission on April 26, 2024;


(e)
the Registrant’s Current Reports on Form 8-K (File No. 001-32936) filed with the Commission on March 22, 2024 and May 15, 2024 to the extent the information in such reports is filed and not furnished; and


(f)
the description of the Common Stock contained in the Registrant’s Registration Statement on Form 8-A (File No. 001-32936) filed with the Commission on June 30, 2006, under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including any amendments or reports filed for the purpose of updating such description, including Amendment No. 1 to Form 8-A (File No. 001-32936) filed with the Commission on October 25, 2019.

All documents filed by the Registrant pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the filing of this Registration Statement and prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing such documents, except for any information therein deemed to have been “furnished” rather than “filed” in accordance with the Commission’s rules.  For the purposes of this Registration Statement, any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded to the extent that a statement herein or in any subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement.  Any such statement so modified or superseded shall not constitute a part of this Registration Statement, except as so modified or superseded.

Item 5.
Interests of Named Experts and Counsel.

The validity of the shares of Common Stock to be issued under the Amended and Restated 2005 LTIP will be passed upon by Kenneth E. Neikirk, the Registrant’s Executive Vice President, General Counsel and Corporate Secretary.  Mr. Neikirk is a full-time employee of the Registrant, owns less than 1% of the Registrant’s outstanding Common Stock, and is eligible to participate in the Amended and Restated 2005 LTIP and receive shares of Common Stock thereunder.
 
Item 8.
Exhibits.
 
The exhibits to this Registration Statement are listed below:
 
Exhibit
Number
  
Exhibit Description
     
 
2005 Amended and Restated Articles of Incorporation, as amended, of Registrant (incorporated by reference to Exhibit 3.1 to the Current Report on Form 8-K filed on March 1, 2006 (000-22739)).
     
 
Second Amended and Restated By-Laws of Registrant, as amended (incorporated by reference to Exhibit 3.1 to the Current Report on Form 8-K filed on September 28, 2006 (001-32936)).
     
 
Form of Common Stock Certificate (incorporated by reference to Exhibit 4.7 to the Form 8-A filed on June 30, 2006 (001-32936)).

 
2005 Long Term Incentive Plan of the Registrant, as Amended and Restated Effective May 15, 2024 (incorporated by reference to Annex A to the Registrant’s Definitive Proxy Statement filed on April 3, 2024 (001-32936)).
     
 
Opinion of Kenneth E. Neikirk.*
     
 
Consent of KPMG LLP.*
     
 
Consent of Kenneth E. Neikirk (included in Exhibit 5.1).*
     
 
Power of Attorney (included on the signature page to this Registration Statement).*
     
 
Filing Fee Table. *

*
Filed herewith.
 
SIGNATURES

 
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Houston, State of Texas, on June 12, 2024.

 
HELIX ENERGY SOLUTIONS GROUP, INC.
     

By:
/s/ Kenneth E. Neikirk
   
Kenneth E. Neikirk
   
Executive Vice President, General Counsel and Corporate Secretary

POWER OF ATTORNEY

KNOW ALL BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Kenneth E. Neikirk and Erik Staffeldt, and each of them, as his or her true and lawful attorneys-in-fact and agents, each with the full power of substitution, for him or her and in his or her name, place or stead, in any and all capacities, to sign any and all amendments to this Registration Statement (including post-effective amendments or any abbreviated Registration Statement and any amendments thereto), and to file the same, with exhibits thereto and other documents in connection therewith, with the Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary in their capacities as officers and directors to enable the Registrant to comply with the provisions of the Securities Act of 1933, as amended, and all requirements of the Commission, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
 
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

Signature
  
Title
  
Date
         
/s/ Owen Kratz
  
President, Chief Executive Officer and Director
(Principal Executive Officer)
  
June 12, 2024
Owen Kratz

 
 
/s/ Erik Staffeldt  
Executive Vice President and Chief Financial Officer
(Principal Financial Officer)
  
June 12, 2024
Erik Staffeldt

 
 
/s/ Brent Arriaga
  
Chief Accounting Officer and Corporate Controller
(Principal Accounting Officer)
  
June 12, 2024
Brent Arriaga

 
 
/s/ Amerino Gatti
  
Director
  
June 12, 2024
Amerino Gatti
         
/s/ Diana Glassman
 
Director
  
June 12, 2024
Diana Glassman

 
 
/s/ Paula Harris  
Director
  
June 12, 2024
Paula Harris

 
 
/s/ T. Mitch Little  
Director
  
June 12, 2024
T. Mitch Little

/s/ John V. Lovoi
 
Director
  
June 12, 2024
John V. Lovoi

 
 
/s/ Amy H. Nelson  
Director
  
June 12, 2024
Amy H. Nelson

 
 
/s/ William L. Transier  
Director
  
June 12, 2024
William L. Transier