AI assistant
W&T OFFSHORE INC — Director's Dealing 2016
Jul 12, 2016
33425_dirs_2016-07-12_3ddcc6bc-6388-4a3f-ad3e-b3fecdc3fe86.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: W&T OFFSHORE INC (WTI)
CIK: 0001288403
Period of Report: 2016-07-12
Reporting Person: Getten Thomas F (See Remarks)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-07-12 | RESTRICTED STOCK UNITS | $ | A | 211973 | Acquired | Common Stock (211973) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of WTI common 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 year 2016, and a service condition thereafter until December 14, 2018. If these conditions are met, then the restricted stock units will vest on December 14, 2018. 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.