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FORM 4
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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(f) of the Investment Company Act of 1940
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<S> <C> <C> <C> <C> <C> <C>
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1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person
KRATZ OWEN Cal Dive International, Inc. "CDIS" to Issuer (Check all applicable)
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(Last) (First) (Middle) 3. IRS or Social security 4. Statement for ---- ---
Cal Dive International, Inc. Number of Reporting Month/Year Officer (give X Other (Specify
400 N. Sam Houston Pkwy. E., Suite 400 Person (Voluntary) March 00 ---- title --- below)
- --------------------------------------------- ------------------- below)
(Street) -------------------- 5. If Amendment,
Houston, Texas 77060 Date of Original Chairman & CEO
- --------------------------------------------- (Month/Year) --------------------------------
(City) (State) (Zip)
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TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action action or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ ------------------------------------ Indirect Owner-
Year) Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr. 4)
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Cal Dive International, Inc. 3-16-00 S - 50,000 D 44.00 1,268,854 D N/A
Common Stock
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Cal Dive International, Inc. 3-30-00 S - 5,000 D 51 5/8 1,263,854 D N/A
Common Stock
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Cal Dive International, Inc. 3-31-00 S - 20,000 D 51 1/2 1,213,854 D N/A
Common Stock
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
(Print or Type Responses)
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FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C> <C> <C>
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price of
Security sion or action action Derivative cisable and of Underlying Derivative
(Instr. 3) Exercise Date Code Securities Expiration Securities Security
Price of (Month/ (Instr. 8) Acquired (A) Date (Instr. 3 and 4) (Instr. 5)
Deriv- Day/ or Disposed of (Month/Day/
ative Year) (D) (Instr. 3, Year)
Security 4, and 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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<C> <C> <C>
9. Number of 10. Ownership 11. Nature of
Derivative Form of Indirect
Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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Explanation of Responses:
/s/ OWEN KRATZ 4-6-00
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. ------------------------------- ------
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
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