-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BNSXnun2ulZC600FKWcq2FPUFH/uiIOAhuFcFFsx5cKjrn5YR2/qnT0Ad59dF6RN RWlteL18zjkf0v2j8BcrtQ== 0001209191-07-018921.txt : 20070321 0001209191-07-018921.hdr.sgml : 20070321 20070321125840 ACCESSION NUMBER: 0001209191-07-018921 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070320 FILED AS OF DATE: 20070321 DATE AS OF CHANGE: 20070321 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KRATZ OWEN E CENTRAL INDEX KEY: 0001041815 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32936 FILM NUMBER: 07708487 BUSINESS ADDRESS: BUSINESS PHONE: 281-618-0400 MAIL ADDRESS: STREET 1: 400 N SAM HOUSTON PARKWAY STREET 2: SUITE 400 CITY: HOUSTON STATE: TX ZIP: 77060 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HELIX ENERGY SOLUTIONS GROUP INC CENTRAL INDEX KEY: 0000866829 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 953409686 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 400 N SAM HOUSTON PKWY E STREET 2: SUITE 400 CITY: HOUSTON STATE: TX ZIP: 77060 BUSINESS PHONE: 2816180400 MAIL ADDRESS: STREET 1: 400 N SAM HOUSTON PKWY E STREET 2: SUITE 400 CITY: HOUSTON STATE: TX ZIP: 77060 FORMER COMPANY: FORMER CONFORMED NAME: CAL DIVE INTERNATIONAL INC DATE OF NAME CHANGE: 19960821 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2007-03-20 0 0000866829 HELIX ENERGY SOLUTIONS GROUP INC HLX 0001041815 KRATZ OWEN E 400 N SAM HOUSTON PARKWAY E SUITE 400 HOUSTON TX 77060 1 1 0 0 EXECUTIVE CHAIRMAN Common Stock 2007-03-20 4 C 0 825445 34.92 D 4355110 D Futures Contract (obligation to sell) 12.19 2007-03-20 4 C 0 1000000 0.00 D 2007-03-20 2007-03-20 Common Stock 1000000 0 D On March 14, 2002, the reporting person entered into a five-year Maximum Monetization and Asset Protection Agreement with an unaffiliated third party. The agreement obligated the reporting person to deliver up to 1,000,000 shares of Helix Common Stock (or an equivalent amount of cash) on the maturity date of the contract. The number of shares to be delivered by the reporting person was to be based on the one-day volume weighted average price of Helix Common Stock on March 20, 2007. As a result of this agreement and based on a maturity-date price equal to $34.92, the reporting person is required to deliver 825,445 shares of Helix Common Stock. Mr. Kratz also has indirect holdings of 1,000,000 shares owned by Joss Investments Limited Partnership, the general partner of which is an entity that Mr. Kratz controls. The filing of this statement shall not be deemed an admission that any reporting person is, for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise, the owner of any equity securities covered by this statement. /s/ A. Wade Pursell, by power of attorney 2007-03-21 -----END PRIVACY-ENHANCED MESSAGE-----