Sunghee Janet Yang - 01 Jan 2022 Form 4 Insider Report for W&T OFFSHORE INC (WTI)

Role: Executive Vice President and Chief Financial Officer
Signature: /s/ Shahid Ghauri, attorney-in-fact for Janet Sunghee Yang
Issuer symbol: WTI
Transactions as of: 01 Jan 2022
Net transactions value: -$11,634
Form type: 4
Filing time: 04 Jan 2022, 16:30:44 UTC
Previous filing: 22 Dec 2021
Next filing: 10 Mar 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		+8,065	+13%		68,965	01 Jan 2022	Direct	F1, F2
transaction	WTI	Common Stock	Tax liability	$11,634	-3,602	-5.2%	$3.23	65,363	01 Jan 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	-8,065	-33%	$0.000000	16,128	01 Jan 2022	Common Stock	8,065		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.

Remarks:

Executive Vice President and Chief Financial Officer