Jesus Llorca - Mar 11, 2025 Form 4 Insider Report for SEACOR Marine Holdings Inc. (SMHI)

Role: EVP & CFO
Signature: /s/ Andrew H. Everett II, Attorney-in-Fact
Stock symbol: SMHI
Transactions as of: Mar 11, 2025
Transactions value $: -$118,039
Form type: 4
Date filed: 3/12/2025, 05:15 PM
Previous filing: Mar 5, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMHI	Common Stock	Options Exercise		+45.5K	+8.95%		554K	Mar 11, 2025	Direct	F1
transaction	SMHI	Common Stock	Tax liability	-$118K	-23.2K	-4.2%	$5.08	531K	Mar 11, 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SMHI	Performance Restricted Stock Units	Options Exercise	$0	-45.5K	-100%	$0.00	0	Mar 11, 2025	Common Stock	45.5K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Performance restricted stock units ("PRSUs") convert into shares of Common Stock on a one-for-one basis. See note 2 below for further detail.
F2	On 3/11/22, the Reporting Person was granted 45,515 PRSUs consisting of five equal tranches, each of which would be earned if and when the closing price of one share of Common Stock equals or exceeds the specified stock price performance goal for such tranche for 60 consecutive trading days during the three year performance period beginning on the grant date, provided that any earned PRSUs would not be settled until the third anniversary of the grant date, subject to satisfaction of the service-based vesting requirements set forth in the award agreement. The specified stock price performance goals for each tranche were $5.02, $5.72, $6.45, $7.19 and $7.88, respectively. The service-based vesting requirements and each of the specified stock price performance goals were satisfied during the performance period ending 3/11/25 and the shares of Common Stock were issued at such date.

Content

Performance restricted stock units ("PRSUs") convert into shares of Common Stock on a one-for-one basis. See note 2 below for further detail.

On 3/11/22, the Reporting Person was granted 45,515 PRSUs consisting of five equal tranches, each of which would be earned if and when the closing price of one share of Common Stock equals or exceeds the specified stock price performance goal for such tranche for 60 consecutive trading days during the three year performance period beginning on the grant date, provided that any earned PRSUs would not be settled until the third anniversary of the grant date, subject to satisfaction of the service-based vesting requirements set forth in the award agreement. The specified stock price performance goals for each tranche were $5.02, $5.72, $6.45, $7.19 and $7.88, respectively. The service-based vesting requirements and each of the specified stock price performance goals were satisfied during the performance period ending 3/11/25 and the shares of Common Stock were issued at such date.