0001209191-24-000491.txt : 20240103 0001209191-24-000491.hdr.sgml : 20240103 20240103173847 ACCESSION NUMBER: 0001209191-24-000491 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240101 FILED AS OF DATE: 20240103 DATE AS OF CHANGE: 20240103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KRATZ OWEN E CENTRAL INDEX KEY: 0001041815 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32936 FILM NUMBER: 24508433 MAIL ADDRESS: STREET 1: 3505 W SAM HOUSTON PKWY NORTH STREET 2: SUITE 400 CITY: HOUSTON STATE: TX ZIP: 77043 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HELIX ENERGY SOLUTIONS GROUP INC CENTRAL INDEX KEY: 0000866829 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 953409686 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3505 W SAM HOUSTON NORTH STREET 2: SUITE 400 CITY: HOUSTON STATE: TX ZIP: 77043 BUSINESS PHONE: 281-618-0400 MAIL ADDRESS: STREET 1: 3505 W SAM HOUSTON NORTH STREET 2: SUITE 400 CITY: HOUSTON STATE: TX ZIP: 77043 FORMER COMPANY: FORMER CONFORMED NAME: CAL DIVE INTERNATIONAL INC DATE OF NAME CHANGE: 19960821 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2024-01-01 0 0000866829 HELIX ENERGY SOLUTIONS GROUP INC HLX 0001041815 KRATZ OWEN E 3505 W SAM HOUSTON PARKWAY N. SUITE 400 HOUSTON TX 77043 1 1 0 0 PRESIDENT & CEO 0 Common Stock 2024-01-01 4 M 0 43651 A 7610482 D Common Stock 2024-01-01 4 F 0 18019 10.28 D 7592463 D Restricted Stock Units 2024-01-01 4 M 0 43651 0.00 D Common Stock 43651 0 D Restricted Stock Units 2024-01-01 4 A 0 175097 0.00 A Common Stock 175097 175097 D Performance Share Units 2024-01-01 4 A 0 350194 0.00 A Common Stock 350194 350194 D Each Restricted Stock Unit ("2021 RSU") represents the contingent right to receive one share of Company common stock. Forfeiture restrictions lapsed with respect to one-third of the grant of the 2021 RSUs on January 1, 2022, forfeiture restrictions with respect to an additional one-third of the grant lapsed on January 1, 2023 and forfeiture restrictions with respect to the remaining one-third of the grant lapsed on January 1, 2024. The Reporting Person disclaims beneficial ownership of 1,000,000 shares included in this amount, which shares are held by Joss Investments Limited Partnership, an entity in which he is a general partner. These shares were forfeited to satisfy tax obligations related to the vesting of the pro rata portion of the reporting person's 2021 RSUs. Upon lapse of the forfeiture restrictions of the 2021 RSUs. This Restricted Stock Unit ("2024 RSU") award was granted pursuant to the Company's 2005 Long Term Incentive Plan (as Amended and Restated effective May 15, 2019, the "LTIP") and each 2024 RSU represents the contingent right to receive one share of Company common stock. Forfeiture restrictions will lapse with respect to the 2024 RSUs granted on the basis of one-third of the grant on January 1, 2025, an additional one-third of the grant on January 1, 2026 and the remaining one-third of the grant on January 1, 2027. Upon each 2024 RSU vesting, the Compensation Committee of the Company's Board of Directors (the "Compensation Committee") has the option to pay the value in cash at its discretion. Upon lapse of the forfeiture restrictions of the 2024 RSUs. This Performance Share Unit ("2024 PSU") award was granted pursuant to the LTIP and each 2024 PSU represents the contingent right to receive one share of Company common stock. Actual number of 2024 PSUs upon vesting may range from 0% to 200% dependent on the Company's performance over the three-year period from January 1, 2024 through December 31, 2026. Upon 2024 PSU vesting, the Compensation Committee has the option to pay the value in cash at its discretion. Amount reported represents 200% of the number of 2024 PSUs granted and is the maximum number that may be earned. Upon payment of the 2024 PSUs, which shall occur no later than March 15, 2027. Ken Neikirk by power of attorney 2024-01-03