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W&T OFFSHORE INC — Director's Dealing 2017
Dec 19, 2017
33425_dirs_2017-12-19_f41b55da-036c-4188-afb8-07ded0163b5c.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: GIBBONS JOHN D (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-12-18 | Common Stock | M | 201574 | $0.00 | Acquired | 476030 | Direct |
| 2017-12-18 | Common Stock | F | 55131 | $2.60 | Disposed | 420899 | Direct |
| 2017-12-18 | Common Stock | S | 29000 | $2.79 | Disposed | 391899 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-12-18 | Restricted Stock Units | $ | M | 201574 | Disposed | Common Stock (201574) | Direct |
Footnotes
F1: On December 18, 2017, reporting person's 201,574 restricted stock units, which were granted on November 13, 2015, vested, and the reporting person received 201,574 shares of WTI common stock.
F2: 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.
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