Company: HLX
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001140361-25-011655
Chunk: 60

Company: HELIX ENERGY SOLUTIONS GROUP INC
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 60
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 common stock upon vesting at the discretion of the Compensation Committee. |

| (4) | This column shows the grant date fair value of the PSU awards and time-vesting RSU awards. No options were granted by Helix in 2024 and no options are currently outstanding. Our 2024 long-term incentive program was structured such that the awarded value of PSUs and RSUs was identical, based on the quoted closing market price of $10.28 per share of our common stock on December 31, 2023. The amounts shown in this column, however, represent the grant date fair value of PSU and RSU awards as calculated in accordance with the provisions of FASB ASC Topic 718 (as opposed to the awarded value of the grant). While the awarded value and the FASB ASC Topic 718 determined value for RSU awards are the same, the values for PSU awards are different. |

| Helix Energy Solutions Group, Inc. |     | 2025 Proxy Statement |     | 57 |

TABLE OF CONTENTS Executive Compensation

The following table sets forth certain information with respect to the RSUs and PSUs granted during or for the fiscal years ended December 31, 2024, 2023 and 2022 to each of our named executive officers:

| Name and Principal Position                          |     | Grant     
 Date      |     | Approval   
 Date       |     | All Other Stock 
  Awards: Number 
    of Shares of 
  Stock or Units |     | Grant Date Fair 
 Market Value of 
 Stock Awards(3) |
| Mr. Kratz                                            
 President and Chief Executive Officer                |     | 1/1/2024  |     | 12/6/2023  |     |      175,097(1) |     |      $2,152,818 |
| 1/1/2024                                             |     | 12/6/2023 |     | 175,097(2) |     |      $1,799,997 |     |                 |
| 1/3/2023                                             |     | 12/7/2022 |     | 243,902(1) |     |      $2,257,313 |     |                 |
| 1/3/2023                                             |     | 12/7/2022 |     | 243,902(2) |     |      $1,799,997 |     |                 |
|