Oceaneering (OII) SVP receives performance and restricted stock unit grants
Rhea-AI Filing Summary
Simons Jennifer Fremont reported acquisition or exercise transactions in this Form 4 filing.
Oceaneering International senior vice president and chief legal officer Jennifer Fremont Simons reported equity awards in the form of performance stock units and restricted stock units. She was granted 15,990 performance stock units, each representing a contingent right to receive between zero and two shares of common stock based on meeting specific performance targets.
She also received 15,990 restricted stock units, each representing a contingent right to receive one share of common stock. These restricted stock units vest in three equal annual installments on February 20, 2027, 2028, and 2029, aligning her compensation with longer-term company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 15,990 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 15,990 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each performance stock unit represents a contingent right to receive between zero and two shares of the Company's common stock. The performance stock units vest upon achievement of specific target levels of performance.
- F2. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- F3. The restricted stock units vest in three equal annual installments on each of February 20, 2027, 2028 and 2029.
- F4. The reported transaction involved the receipt of a grant of restricted stock units by the reported person. The total reported in Column 9 excludes unvested restricted stock units that were granted in previous years, as the reporting person has previously reported awards of restricted stock units in Table I of Form 4.
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