<SEC-DOCUMENT>0001415889-25-000549.txt : 20250103
<SEC-HEADER>0001415889-25-000549.hdr.sgml : 20250103
<ACCEPTANCE-DATETIME>20250103170714
ACCESSION NUMBER:		0001415889-25-000549
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250101
FILED AS OF DATE:		20250103
DATE AS OF CHANGE:		20250103

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Sparks Scott Andrew
		CENTRAL INDEX KEY:			0001640450
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32936
		FILM NUMBER:		25507666

	MAIL ADDRESS:	
		STREET 1:		3505 WEST SAM HOUSTON PARKWAY NORTH
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77043

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HELIX ENERGY SOLUTIONS GROUP INC
		CENTRAL INDEX KEY:			0000866829
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL, GAS FIELD SERVICES, NBC [1389]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				953409686
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		3505 W SAM HOUSTON NORTH
		STREET 2:		SUITE 400
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77043
		BUSINESS PHONE:		281-618-0400

	MAIL ADDRESS:	
		STREET 1:		3505 W SAM HOUSTON NORTH
		STREET 2:		SUITE 400
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77043

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CAL DIVE INTERNATIONAL INC
		DATE OF NAME CHANGE:	19960821
</SEC-HEADER>
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        <issuerName>HELIX ENERGY SOLUTIONS GROUP INC</issuerName>
        <issuerTradingSymbol>HLX</issuerTradingSymbol>
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    <footnotes>
        <footnote id="F1">Each Restricted Stock Unit (&quot;2024 RSU&quot;) represents the contingent right to receive one share of Company common stock. Forfeiture restrictions lapsed with respect to one-third of the grant of the 2024 RSUs on January 1, 2025, forfeiture restrictions with respect to an additional one-third of the grant will lapse on January 1, 2026 and forfeiture restrictions with respect to the last one-third of the grant will lapse on January 1, 2027.</footnote>
        <footnote id="F2">The Compensation Committee of the Company's Board of Directors (the &quot;Compensation Committee&quot;) elected to pay in cash the value of the 2024 RSUs for which forfeiture restrictions lapsed.</footnote>
        <footnote id="F3">Upon lapse of the forfeiture restrictions of the 2024 RSUs.</footnote>
        <footnote id="F4">This Restricted Stock Unit (&quot;2025 RSU&quot;) award was granted pursuant to the Company's 2005 Long Term Incentive Plan (as Amended and Restated effective May 15, 2024, the &quot;LTIP&quot;) and each 2025 RSU represents the contingent right to receive one share of Company common stock. Forfeiture restrictions will lapse with respect to the 2025 RSUs granted on the basis of one-third of the grant on January 1, 2026, an additional one-third of the grant on January 1, 2027 and the remaining one-third of the grant on January 1, 2028. Upon each 2025 RSU vesting, the Compensation Committee has the option to pay the value in cash at its discretion.</footnote>
        <footnote id="F5">Upon lapse of the forfeiture restrictions of the 2025 RSUs.</footnote>
        <footnote id="F6">This Performance Share Unit (&quot;2025 PSU&quot;) award was granted pursuant to the LTIP and each 2025 PSU represents the contingent right to receive one share of Company common stock. Actual number of 2025 PSUs upon vesting may range from 0% to 200% dependent on the Company's performance over the three-year period from January 1, 2025 through December 31, 2027. Upon 2025 PSU vesting, the Compensation Committee has the option to pay the value in cash at its discretion.</footnote>
        <footnote id="F7">Amount reported represents 200% of the number of 2025 PSUs granted and is the maximum number that may be earned.</footnote>
        <footnote id="F8">Upon payment of the 2025 PSUs, which shall occur no later than March 15, 2028.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Ken Neikirk by power of attorney</signatureName>
        <signatureDate>2025-01-03</signatureDate>
    </ownerSignature>
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</SEC-DOCUMENT>
