Stephen L. Schroeder - Jan 1, 2022 Form 4 Insider Report for W&T OFFSHORE INC (WTI)

Role
SVP & Chief Technical Officer
Signature
/s/ Shahid Ghauri, attorney-in-fact for Stephen L. Schroeder
Stock symbol
WTI
Transactions as of
Jan 1, 2022
Transactions value $
-$11,634
Form type
4
Date filed
1/4/2022, 04:30 PM
Previous filing
Dec 22, 2021
Next filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTI Common Stock Options Exercise +8.07K +2.61% 317K Jan 1, 2022 Direct F1, F2
transaction WTI Common Stock Tax liability -$11.6K -3.6K -1.14% $3.23 313K Jan 1, 2022 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 -8.07K -33.34% $0.00 16.1K Jan 1, 2022 Common Stock 8.07K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 1, 2022, reporting person's 8,065 restricted stock units, which were granted on June 28, 2021, vested, and the reporting person received 8,065 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.