W&T OFFSHORE INC — Director's Dealing 2020

Dec 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: W&T OFFSHORE INC (WTI)
CIK: 0001288403
Period of Report: 2020-12-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-15	Common Stock	M	42287	—	Acquired	303206	Direct
2020-12-15	Common Stock	F	16640	$2.57	Disposed	286566	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-15	Restricted Stock Units	$	M	42287	Disposed		Common Stock (42287)	Direct

Footnotes

F1: On December 15, 2020, reporting person's 42,287 restricted stock units, which were granted on August 30, 2018, vested, and the reporting person received 42,287 shares of common stock.

F2: 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.

F3: Since the date of the reporting person's last ownership report, he transferred 260,922 shares of WTI stock to his ex-wife.