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W&T OFFSHORE INC — Director's Dealing 2024
Jan 3, 2024
33425_dirs_2024-01-03_27f12f11-60a9-4c25-9fb1-e14700ae0418.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: 2024-01-01
Reporting Person: Williford William J (EVP & Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-01 | Common Stock | M | 8063 | — | Acquired | 156785 | Direct |
| 2024-01-01 | Common Stock | F | 3601 | $3.26 | Disposed | 153184 | Direct |
| 2024-01-01 | Common Stock | M | 18017 | — | Acquired | 171201 | Direct |
| 2024-01-01 | Common Stock | F | 8045 | $3.26 | Disposed | 163156 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-01 | Restricted Stock Units | $ | M | 8063 | Disposed | Common Stock (8063) | Direct | |
| 2024-01-01 | Restricted Stock Units | $ | M | 18017 | Disposed | Common Stock (18017) | Direct |
Footnotes
F1: On January 1, 2024, the reporting person's 8,063 restricted stock units, which were granted on June 28, 2021, vested, and the reporting person received 8,063 shares of common stock. This represents the vesting of the final tranche of the grant.
F2: Each restricted stock 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. Each grant of restricted stock units vests in three installments.
F3: On January 1, 2024, the reporting person's 18,017 restricted stock units, which were granted on May 26, 2022, vested, and the reporting person received 18,017 shares of common stock. This represents the vesting of the second tranche of the grant.