DSN Random Figure Contest #1

Whoever can tell me what this image is and represents (be as detailed as possible) wins a $10.00 gift certificate to Noadi’s Etsy Store which features Squid Science and Cthulthu inspired jewelry and sculpture by Maine artist Sheryl Westleigh. If you give me the exact reference (author, year, title, journal), I’ll make it an even $13.00.  You have till Friday until I reveal the answer. Comments closed, send submissions to deepseanews at gmail dot com. Deep Sea News editors and contributors are ineligible to win (though not ineligible to play if they want to try their hand).