Shahid Ghauri - 15 Dec 2021 Form 4 Insider Report for W&T OFFSHORE INC (WTI)

Role: Vice President, General Counsel and Corporate Secretary
Signature: /s/ By Shahid Ghauri
Issuer symbol: WTI
Transactions as of: 15 Dec 2021
Transactions value $: -$43,103
Form type: 4
Filing time: 22 Dec 2021, 08:02:23 UTC
Previous filing: 30 Jun 2021
Next filing: 04 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WTI	Common Stock	Options Exercise		+33.1K	+33.35%		132K	15 Dec 2021	Direct	F1, F2
transaction	WTI	Common Stock	Tax liability	-$43.1K	-13K	-9.84%	$3.31	119K	15 Dec 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WTI	Restricted Stock Units	Options Exercise	$0	-33.1K	-100%	$0.00^*	0	15 Dec 2021	Common Stock	33.1K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 15, 2021 , reporting person's 33,092 restricted stock units, which were granted on June 4, 2019, vested, and the reporting person received 33,092 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.

Remarks:

Vice President, General Counsel and Corporate Secretary