W&T OFFSHORE INC — Director's Dealing 2013

Jun 12, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: W&T OFFSHORE INC (WTI)
CIK: 0001288403
Period of Report: 2013-06-10

Reporting Person: Murphy Thomas P. (SVP & Chief Operations Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-06-10	RESTRICTED STOCK UNITS	$	A	51049	Disposed		Common Stock (51049)	Direct
2013-06-11	RESTRICTED STOCK UNITS	$	A	8500	Disposed		Common Stock (8500)	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 service and performance conditions during calendar years 2013, 2014, and a portion of 2015, and a service condition thereafter until December 15, 2015. If these conditions are met, then the restricted stock units will vest on December 15, 2015. 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.

F3: The vesting of the restricted stock units is subject to a service condition through June 11, 2015. If the condition is met, then the restricted stock units will vest on June 11, 2015.