Helix Energy Solutions 8-K 2007
Date of Report (Date of earliest event reported): December 6, 2007
Helix Energy Solutions Group, Inc.
Registrants telephone number, including area code: 281-618-0400
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 6, 2007, the Compensation Committee (the Committee) of the Board of Directors of Helix Energy Solutions Group, Inc. (Helix) determined the base salaries, and granted awards of restricted stock under our 2005 Long Term Incentive Plan, for each of the executive officers of Helix. The following table sets forth the base salary for each executive officer listed in the Summary Compensation Table in Helixs proxy statement for its 2007 annual meeting of stockholders who will continue to be employed by Helix during calendar 2008 and the number of shares of restricted stock awarded to each such executive officer:
Information related to the other elements of total compensation for these executive officers will be disclosed in Helixs 2008 Proxy Statement to the extent required by the rules related to proxy statements and the disclosure of executive compensation.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: December 11, 2007