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W&T OFFSHORE INC — Director's Dealing 2012
Apr 30, 2012
33425_dirs_2012-04-30_17753529-ff5b-48bb-abdf-9bdf35815eec.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: W&T OFFSHORE INC (WTI)
CIK: 0001288403
Period of Report: 2012-04-26
Reporting Person: MELENDREZ JESUS G (SVP & Chief Commercial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-04-26 | Restricted Stock Units | $ | A | 34793 | Acquired | Common Stock (34793) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of WTI stock or its cash equivalent, as determined at the time of settlement by WTI.
F2: The vesting of the restricted stock units is subject to a service and performance condition through October 31, 2014 and a service condition thereafter until December 15, 2014. If these conditions are met, then the restricted stock units will vest on December 15, 2014.
F3: The number of restricted stock units eligible for vesting is subject to adjustment to reflect the achievement of performance goals by the reporting person during the applicable performance period.