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W&T OFFSHORE INC — Director's Dealing 2018
Nov 16, 2018
33425_dirs_2018-11-16_fb7877a1-c911-484e-930e-0062dfb4e477.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: W&T OFFSHORE INC (WTI)
CIK: 0001288403
Period of Report: 2018-11-06
Reporting Person: Bump David M (See Remarks)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 20000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (73733) | Direct | ||
| Restricted Stock Units | $ | Common Stock (47444) | Direct | ||
| Restricted Stock Units | $ | Common Stock (27557) | Direct |
Footnotes
F1: 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.
F2: The vesting of the restricted stock units is subject to service and performance conditions during calendar year 2017 and a service condition thereafter until December 13, 2019. If these conditions are met, then the restricted stock units will vest on December 13, 2019. 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 service and performance conditions during calendar year 2018 and a service condition thereafter until December 15, 2020. If these conditions are met, then the restricted stock units will vest on December 15, 2020. 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.
F4: 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.