Company: HLX
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001140361-25-011655
Chunk: 28

Company: HELIX ENERGY SOLUTIONS GROUP INC
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 28
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vested 
 Restricted Stock Outstanding(1) |
| Mr. Gatti(2) |     |                               0 |
| Ms. Glassman |     |                          14,881 |
| Ms. Harris   |     |                          36,856 |
| Mr. Little   |     |                          17,951 |
| Mr. Lovoi    |     |                          14,881 |
| Ms. Nelson   |     |                          14,881 |
| Mr. Transier |     |                          14,881 |

| (1) | Does not include January 1, 2025 grant of 3,018 shares of restricted stock to Ms. Harris for fourth quarter 2024 service. |

| (2) | Mr. Gatti resigned from the Board on August 30, 2024 and forfeited all unvested restricted stock upon his resignation. |

| Helix Energy Solutions Group, Inc. |     | 2025 Proxy Statement |     | 29 |

TABLE OF CONTENTS Director Compensation

Summary of Director Compensation and Procedures In 2024, our non-employee director compensation structure had three components: (i) director, Chairman of the Board and committee Chair retainers, (ii) committee retainers and (iii) annual equity-based compensation currently in the form of restricted stock awards. We also reimburse our non-employee directors for their reasonable out-of-pocket expenses related to attending Board and committee meetings. We re-evaluate director compensation on an annual basis based on the compensation of directors by companies in our Benchmarking Peer Group and other relevant facts and circumstances. For more information on our Benchmarking Peer Group, see the “Compensation Discussion and Analysis – Executive Compensation Process - Competitive Benchmarking” beginning on page 41. In 2024, our non-employee director cash retainers were as follows, in each case paid on a quarterly basis:

| • | All non-employee directors received an annual director’s retainer of $70,000; |

| • | The independent Chairman of the Board received an annual retainer of $125,000 for such service; |

| • | Each committee Chair received an annual retainer of $20,000; and |

| • | Each non-Chair member of each standing committee received an annual retainer of $10,000. |

Non-employee directors have the option of taking Board and committee retainers and fees (but not expenses) in the form of restricted stock, pursuant to the terms of our 2005