GULFMARK OFFSHORE, INC. (NYSE:GLF) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously disclosed, GulfMark Offshore, Inc. (the “Company”) established the Amended and Restated 2011 Employee Stock Purchase Plan (the “Plan”) to permit eligible participants to purchase the Company’s Class A common stock from the Company on favorable terms and pay for such purchases through regular payroll deductions. The board of directors of the Company determined that it was in the best interests of the Company to discontinue the Plan and terminated the Plan on March 23, 2017. The final offering period under the Plan concluded on December 31, 2016. Any payroll deductions being made by participants in the Plan ceased upon the Plan’s termination and the amount of any payroll deductions remaining in each participant’s plan account upon its termination will be refunded to the participant in cash, without interest.
About GULFMARK OFFSHORE, INC. (NYSE:GLF)
GulfMark Offshore, Inc. provides offshore marine support and transportation services. The Company offers these services to companies engaged in the offshore exploration and production of oil and natural gas. The Company operates in three segments: the North Sea (N. Sea), Southeast Asia (SEA) and the Americas. Its vessels transport materials, supplies and personnel to offshore facilities, as well as move and position drilling and production facilities. The operations are conducted in the North Sea, offshore Southeast Asia and offshore in the Americas. It operates a fleet of over 70 owned or managed offshore supply vessels (OSVs), which include over 30 vessels in the North Sea, over 10 vessels offshore Southeast Asia and over 30 vessels offshore the Americas. Its customers include oil and natural gas companies, independent oil and natural gas exploration and production companies working in international markets, and foreign Government-owned or controlled oil and natural gas companies. GULFMARK OFFSHORE, INC. (NYSE:GLF) Recent Trading Information
GULFMARK OFFSHORE, INC. (NYSE:GLF) closed its last trading session down -0.010 at 0.360 with 513,750 shares trading hands.