Executive at SEACOR Marine (SMHI) granted stock and PRSU awards
Rhea-AI Filing Summary
Everett Andrew H II reported acquisition or exercise transactions in this Form 4 filing.
SEACOR Marine Holdings Inc. reported that senior vice president and general counsel Andrew H. Everett II received equity awards. He was granted 17,595 Performance Restricted Stock Units and 36,655 shares of Common Stock, both at a price of $0.00 per share, as compensation grants.
The restricted stock award will vest in five equal annual installments from March 4, 2027 through March 4, 2031. Each Performance Restricted Stock Unit represents a contingent right to receive one share of Common Stock, subject to performance goals and service-based vesting over a three-year performance period.
The PRSUs are divided into five equal tranches, each earned only if the closing stock price meets or exceeds specified performance goals for 60 consecutive trading days, with targets of $7.67, $8.52, $9.38, $10.23 and $11.08, and any earned units settle on the third anniversary of the grant date.
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