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W&T OFFSHORE INC Director's Dealing 2017

Dec 19, 2017

33425_dirs_2017-12-19_32c17f97-4029-40e7-a338-f7d325d53430.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: 2017-12-18

Reporting Person: Schroeder Stephen L (SVP & Chief Technical Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-12-18 Common Stock M 128503 $0.00 Acquired 366592 Direct
2017-12-18 Common Stock F 35146 $2.60 Disposed 331446 Direct
2017-12-18 Common Stock S 18762 $2.81 Disposed 312684 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-12-18 Restricted Stock Units $ M 128503 Disposed Common Stock (128503) Direct

Footnotes

F1: On December 18, 2017, reporting person's 128,503 restricted stock units, which were granted on June 13, 2015, vested, and the reporting person received 128,503 shares of WTI common stock.

F2: The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.81 to $2.82. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

F3: 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.