SEC Form 5
FORM 5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Form 3 Holdings Reported.
X
Form 4 Transactions Reported.
1. Name and Address of Reporting Person*
DUROC-DANNER BERNARD J

(Last) (First) (Middle)
515 POST OAK BLVD., STE. 600

(Street)
HOUSTON TX 77027

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CAL DIVE INTERNATIONAL INC [ CDIS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2002
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/13/2003
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Amount (A) or (D) Price
Common Stock, no par value 05/22/2001 M4 17,600 A $8.63 17,600 D
Common Stock, no par value 05/22/2001 S4 11,100 D $29.899 6,500 D
Common Stock, no par value 05/25/2001 S4 400 D $29.899 6,100 D
Common Stock, no par value 06/04/2001 S4 6,100 D $29.899 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $8.63(1) 02/11/1999 4A 44,000(1) (2) 02/11/2004 Common Stock 44,000(1) (3) 44,000(1) D
Stock Option (Right to Buy) $8.63 05/22/2001 4M 17,600 (2) 02/11/2004 Common Stock 17,600 (4) 14,255.71(5) D
Explanation of Responses:
1. Reflects adjustments for a two-for-one stock split of the Issuer on November 13, 2000. The option was originally granted for 22,000 shares of common stock of the Issuer at an exercise price per share of $17.25.
2. The option vests in five equal installments on February 11, 2000, 2001, 2002 and 2003 and December 11, 2003.
3. Transaction is an option grant and therefore has no purchase or sales price.
4. Transaction is an exercise of an option grant and therefore has no purchase or sales price.
5. Pursuant to a domestic relations order, in December 2002, the Reporting Person transferred to his former spouse an option to purchase 12,144.29 of the shares of common stock of the Issuer issuable pursuant to the option granted to the Reporting Person on February 11, 1999.
Remarks:
Bernard J. Duroc-Danner 02/13/2004
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.