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

Role
Vice President, General Counsel and Corporate Secretary
Signature
/s/ By Shahid Ghauri
Stock symbol
WTI
Transactions as of
Dec 15, 2021
Transactions value $
-$43,103
Form type
4
Date filed
12/22/2021, 08:02 AM
Previous filing
Jun 30, 2021
Next filing
Jan 4, 2022

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 Dec 15, 2021 Direct F1, F2
transaction WTI Common Stock Tax liability -$43.1K -13K -9.84% $3.31 119K Dec 15, 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 Dec 15, 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