-----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, Isc8urhVVkF0Hsglq+V8TmZXgL7e48Ch1su/dP4jkn6BUXdqqfWIHCtIYCyV5c7d GJPinQNAvwTFHFx54ZhZxQ== 0001209191-08-006790.txt : 20080131 0001209191-08-006790.hdr.sgml : 20080131 20080131171942 ACCESSION NUMBER: 0001209191-08-006790 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080129 FILED AS OF DATE: 20080131 DATE AS OF CHANGE: 20080131 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 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: 08565393 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 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2008-01-29 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 2008-01-29 4 C 0 70489 37.25 D 4356910 D Common Stock 2008-01-30 4 C 0 70298 37.01 D 4286612 D Common Stock 2008-01-31 4 C 0 70323 37.04 D 4216289 D Futures Contract (obligation to sell) 11.57 2008-01-29 4 C 0 100000 0.00 D 2008-01-29 2008-01-29 Common Stock 100000 400000 D Futures Contract (obligation to sell) 11.57 2008-01-30 4 C 0 100000 0.00 D 2008-01-30 2008-01-30 Common Stock 100000 300000 D Futures Contract (obligation to sell) 11.57 2008-01-31 4 C 0 100000 0.00 D 2008-01-31 2008-01-31 Common Stock 100000 200000 D On December 3, 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 500,000 shares of Helix Common Stock (or an equivalent amount of cash) over a 5 day period (100,000 per day) beginning on January 29, 2008. The number of shares to be delivered by the reporting person was to be based on the volume weighted average price of Helix Common Stock on each of the five days beginning on January 29, 2008. As a result of this agreement and based on a maturity-date price equal to $37.25, $37.01 and $37.04 for January 29, 2008, January 30, 2008, and January 31, 2008, respectively, the reporting person is required to deliver 70,489, 70,298 and 70,323 shares of Helix Common Stock for each respective day. The remainder of the shares will be delivered on February 1 and February 2. 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. /s/ A. Wade Pursell, by power of attorney 2008-01-31 -----END PRIVACY-ENHANCED MESSAGE-----