Sparks Scott Andrew bought HLX
January 1, 2025 · Form 4 insider transaction
Sparks Scott Andrew bought 147,532 shares of Helix Energy Solutions Group Inc at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
This Performance Share Unit ("2025 PSU") award was granted pursuant to the LTIP and each 2025 PSU represents the contingent right to receive one share of Company common stock. Actual number of 2025 PSUs upon vesting may range from 0% to 200% dependent on the Company's performance over the three-year period from January 1, 2025 through December 31, 2027. Upon 2025 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 2025 PSUs granted and is the maximum number that may be earned.; Upon payment of the 2025 PSUs, which shall occur no later than March 15, 2028.