03/01/2025 - Helix Energy Solutions Group Inc.: Statement of Changes in Beneficial Ownership (Form 4)

Ownership Submission

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Arriaga Brent Alexander 2. Issuer Name and Ticker or Trading Symbol HELIX ENERGY SOLUTIONS GROUP INC [HLX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) CAO and Corporate Controller (Last) (First) (Middle) 3505 WEST SAM HOUSTON PKWY NORTH, SUITE 400 3. Date of Earliest Transaction (Month/Day/Year) 01/01/2025 (Street) HOUSTON, TX 77043 4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 01/01/2025 M 4,053 A (1) 10,427(2) D Common Stock 01/01/2025 F 1,729(3) D $9.32 8,698(2) D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Restricted Stock Units

(1)

01/01/2025

M

4,053

(1)

(4)

Common Stock

4,053

$ 0

8,107

D

Restricted Stock Units

(5)

01/01/2025

A

21,459

(5)

(6)

Common Stock

21,459

$ 0

21,459

D

Reporting Owners

Reporting Owner Name / Address	Relationships
Director	10% Owner	Officer	Other
Arriaga Brent Alexander 3505 WEST SAM HOUSTON PKWY NORTH SUITE 400 HOUSTON, TX 77043			CAO and Corporate Controller

Signatures

/s/ Ken Neikirk by power of attorney	01/03/2025
**Signature of Reporting Person	Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Each Restricted Stock Unit ("2024 RSU") 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 the remaining one-third of the grant will lapse on January 1, 2027.
(2)	Includes shares acquired under the Company's Employee Stock Purchase Plan.
(3)	These shares were forfeited to satisfy tax obligations related to the vesting of the pro rata portion of the reporting person's 2024 RSUs.
(4)	Upon lapse of the forfeiture restrictions of the 2024 RSUs.
(5)	This Restricted Stock Unit ("2025 RSU") award was granted pursuant to the Company's 2005 Long Term Incentive Plan (as Amended and Restated effective May 15, 2024, the "LTIP") 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 of the Company's Board of Directors has the option to pay the value in cash at its discretion.
(6)	Upon lapse of the forfeiture restrictions of the 2025 RSUs.

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Helix Energy Solutions Group Inc. published this content on January 03, 2025, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on January 03, 2025 at 22:20:34.102.