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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.