AI assistant
W&T OFFSHORE INC — Director's Dealing 2022
May 9, 2022
33425_dirs_2022-05-09_3d055c90-8739-4775-9321-db69705840db.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: W&T OFFSHORE INC (WTI)
CIK: 0001288403
Period of Report: 2022-05-05
Reporting Person: Hartman Bart P. III (VP and CAO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1436 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (4083) | Direct | ||
| Performance Share Units | $ | Common Stock (2127) | Direct |
Footnotes
F1: The restricted stock units which were granted on June 28, 2021 will vest as follows: 2,042 on January 1, 2023 and 2,041 shares on January 1, 2024. In each case, these are subject to continued service and employment throughout the applicable vesting period.
F2: The performance criteria was certified to have been met on March 8, 2022; therefore the earned stock units will vest on October 1, 2023 subject to continued employment on that date.
F3: Each restricted stock unit and performance share 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.