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Orion Group Holdings Inc Director's Dealing 2010

Nov 30, 2010

33203_dirs_2010-11-30_e2203ff0-1ca2-4593-a25d-195bfe89b97c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Orion Marine Group Inc (ORN)
CIK: 0001402829
Period of Report: 2010-11-18

Reporting Person: PEARSON JAMES MICHAEL (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-11-18 Common stock A 23740 Acquired 43009 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-11-18 Common stock options $13.69 A 49618 Acquired 2020-11-18 Common stock (49618) Direct

Footnotes

F1: This grant of restricted stock vests cumulatively at a rate of 1/3 upon the first anniversary of the stock grant (November 18, 2011) and 1/36 per month thereafter such that all shares are vested on the third anniversary of the stock grant.

F2: This stock option grant is exercisable cumulatively at a rate of 1/3 upon the first anniversary of the stock option grant (November 18, 2011) and 1/36 per month thereafter such that all option shares are exercisable on the third anniversary of the stock option grant.