Edgar Filing: STREETER BRUCE A

Ownership Submission

FORM 5

	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported
	Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person ^*

STREETER BRUCE A

2. Issuer Name and Ticker or Trading Symbol
GULFMARK OFFSHORE INC [GLF]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
President and CEO

(Last)

(First)

(Middle)

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2008

(Street)

X1Â

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Reporting
(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 at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
				Amount	(A) or (D)	Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

SEC 2270 (9-02)

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 at End of Issuer's Fiscal Year
(Instr. 4)

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

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Phantom Stock

06/30/2004

148.527

Â ⁽¹⁾

Common Stock

148.527

$ 15.78

11,150.267

Phantom Stock

07/15/2004

151.797

Â ⁽¹⁾

Common Stock

151.797

$ 15.44

11,302.064

Phantom Stock

07/31/2004

2,727.388

Â ⁽¹⁾

Common Stock

2,727.388

$ 14.76

14,029.452

Phantom Stock

08/15/2004

185.281

Â ⁽¹⁾

Common Stock

185.281

$ 13.94

14,214.733

Phantom Stock

08/31/2004

169.699

Â ⁽¹⁾

Common Stock

169.699

$ 15.22

14,384.432

Phantom Stock

09/15/2004

157.201

Â ⁽¹⁾

Common Stock

157.201

$ 16.43

14,541.633

Phantom Stock

09/30/2004

158.165

Â ⁽¹⁾

Common Stock

158.165

$ 16.33

14,699.798

Phantom Stock

10/15/2004

153.101

Â ⁽¹⁾

Common Stock

153.101

$ 16.87

14,852.899

Phantom Stock

10/31/2004

134.068

Â ⁽¹⁾

Common Stock

134.068

$ 19.265

14,986.967

Phantom Stock

11/15/2004

132.114

Â ⁽¹⁾

Common Stock

132.114

$ 19.55

15,119.081

Phantom Stock

11/30/2004

124.114

Â ⁽¹⁾

Common Stock

124.114

$ 20.81

15,243.195

Phantom Stock

12/15/2004

132.046

Â ⁽¹⁾

Common Stock

132.046

$ 19.56

15,375.241

Phantom Stock

12/31/2004

115.978

Â ⁽¹⁾

Common Stock

115.978

$ 22.27

15,491.219

Phantom Stock

01/15/2005

122.582

Â ⁽¹⁾

Common Stock

122.582

$ 21.07

15,613.801

Phantom Stock

01/31/2005

105.292

Â ⁽¹⁾

Common Stock

105.292

$ 24.53

15,719.094

Phantom Stock

02/15/2005

102.007

Â ⁽¹⁾

Common Stock

102.007

$ 25.32

15,821.1

Phantom Stock

02/28/2005

94.921

Â ⁽¹⁾

Common Stock

94.921

$ 27.21

15,916.022

Phantom Stock

03/15/2005

109.21

Â ⁽¹⁾

Common Stock

109.21

$ 23.65

16,025.232

Phantom Stock

03/31/2005

99.684

Â ⁽¹⁾

Common Stock

99.684

$ 25.91

16,124.916

Phantom Stock

04/15/2005

106.86

Â ⁽¹⁾

Common Stock

106.86

$ 24.17

16,231.776

Phantom Stock

04/30/2005

115.407

Â ⁽¹⁾

Common Stock

115.407

$ 22.38

16,347.183

Phantom Stock

05/15/2005

112.984

Â ⁽¹⁾

Common Stock

112.984

$ 22.86

16,460.167

Phantom Stock

05/31/2005

288.246

Â ⁽¹⁾

Common Stock

288.246

$ 25.06

16,748.413

Phantom Stock

06/15/2005

1,732.841

Â ⁽¹⁾

Common Stock

1,732.841

$ 25.65

18,481.254

Phantom Stock

06/15/2005

118.787

Â ⁽¹⁾

Common Stock

118.787

$ 25.65

18,600.041

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
STREETER BRUCE A X1Â	Â X	Â	Â President and CEO	Â

Signatures

/s/ Bruce A Streeter		04/16/2009
^**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)	On reviewing the Section 16 reporting requirements relating to GulfMark Offshore, Inc.'s Executive Nonqualified Excess Plan, it was determined that the phantom stock units created by the deferral of compensation by both officers and directors should have been reported as a derivative security by the officer/director once the phantom stock unit was allocated to his account. This filing reports all transactions related to the phantom stock units in the plan allocated to the individual from his point of entry into the plan through March 31, 2009. Each phantom stock unit is the economic equivalent of one share of common stock. Subject to the provisions of the plan, the phantom stock units become payable only in common stock upon the officer/director's termination of service."

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

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