W&T OFFSHORE INC — Director's Dealing 2023

Oct 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: W&T OFFSHORE INC (WTI)
CIK: 0001288403
Period of Report: 2023-09-29

Reporting Person: KROHN TRACY W (Director, Chairman, CEO & President, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-09-29	Common Stock	M	77227	—	Acquired	454310	Direct
2023-09-29	Common Stock	F	30389	$4.38	Disposed	423921	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-09-29	Performance Share Units	$	M	77227	Disposed		Common Stock (77227)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	47746394	Indirect

Footnotes

F1: On September 29, 2023, the reporting person's 77,227 performance share units, which were granted on June 28, 2021, vested, and the reporting person received 77,227 shares of common stock. The performance criteria was met on March 8, 2022, and this represents the vesting of the grant.

F2: Each performance share unit represents a contingent right to receive one share of common stock or its cash equivalent, as determined at the time of settlement by WTI.

F3: 47,746,394 shares of common stock held by trusts of which the reporting person is the beneficiary.

F4: Includes shares held by Tracy William Krohn Living Trust, the Tracy William Krohn 2008 JFF Trust and the Tracy William Krohn Exempt AKF Descendant's Trust. The reporting person is the beneficiary and trustee and exercises sole voting and dispositive power over the shares held by these trusts.