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Filing Details

Accession Number:: 0000921895-17-002958
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-12-26 17:27:12
Reporting Period:: 2017-12-21

Accepted Time:: 2017-12-26 17:27:12
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1030749	Gulfmark Offshore Inc	GLF	Oil & Gas Field Machinery & Equipment (3533)	760526032

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1205885	C William Martin	C/O Raging Capital Management, Llc Ten Princeton Avenue, Po Box 228 Rocky Hill NJ 08553		Yes	No	Yes	No
1444376	Raging Capital Management, Llc	Ten Princeton Avenue Po Box 228 Rocky Hill NJ 08553-0228		Yes	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.01 Par Value	Disposition	2017-12-21	8,334	$19.00	0	No	4	S	Indirect	By Raging QP

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Raging QP

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.01 Par Value	5,533	Indirect	By Raging Offshore
Common Stock, $0.01 Par Value	2,193,981	Indirect	By RC GLF
Common Stock, $0.01 Par Value	54	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock, $0.01 Par Value	Warrants (right to buy)	$100.00	2017-11-14	2024-11-14	149,900	149,900	Indirect
Common Stock, $0.01 Par Value	Warrants (right to buy)	$100.00	2017-11-14	2024-11-14	586	586	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2024-11-14	149,900	149,900	Indirect
2024-11-14	586	586	Direct

Footnotes

This Form 4 is filed jointly by Raging Capital Management, LLC ("Raging Capital") and William C. Martin (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of common stock (the "Shares"). Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. Kenneth H. Traub, a Managing Partner at Raging Capital, is a director of the Issuer. Accordingly, each of Raging Capital and Mr. Martin may be deemed to be a director by deputization of the Issuer.
Held directly by Raging Capital Fund (QP), LP ("Raging QP").
Held directly by Raging Capital Offshore Fund, Ltd. ("Raging Offshore").
Mr. Martin is the Chairman, Chief Investment Officer and Managing Member of Raging Capital. Raging QP and Raging Offshore (collectively, the "Raging Funds") have delegated to Raging Capital sole investment authority with respect to the securities held by the Raging Funds pursuant to an Investment Management Agreement, dated November 9, 2012 (the "IMA"). The IMA may be terminated by any party thereto effective at the close of business on the last day of any fiscal quarter by giving the other party not less than sixty-one days' written notice. As a result, each of Raging Capital and Mr. Martin may be deemed to beneficially own the securities held by the Raging Funds. Each of the Raging Funds specifically disclaims beneficial ownership of the securities held by it by virtue of its inability to vote or dispose of such securities as a result of the IMA.
Held directly by RC GLF 1, LP ("RC GLF"). Raging Capital is the General Partner of RC GLF. Mr. Martin is the Chairman, Chief Investment Officer and Managing Member of Raging Capital. RC GLF has delegated to Raging Capital the sole authority to vote and dispose of the securities held by RC GLF pursuant to its Limited Partnership Agreement, dated July 17, 2017 (the "LPA"), which authority may not be terminated by RC GLF upon less than sixty-one days' written notice to Raging Capital. As a result, each of Raging Capital and Mr. Martin may be deemed to beneficially own the securities held by RC GLF. RC GLF specifically disclaims beneficial ownership of the securities held by it by virtue of its inability to vote or dispose of such securities as a result of the LPA.
Represents a sale of all 8,334 shares Raging QP received in exchange for its pre-bankruptcy shares of the Issuer in connection with the Issuer's emergence from bankruptcy on November 14, 2017.