Shahid Ghauri - 08 Mar 2022 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
08 Mar 2022
Transactions value $
$0
Form type
4
Date filed
10 Mar 2022, 14:56
Previous filing
04 Jan 2022
Next filing
23 Mar 2022
SEC
View on sec.gov

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 Performance Share Units Award $0 +7.19K $0.00 7.19K 08 Mar 2022 Common Stock 7.19K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share unit represents a contingent right to receive one share of WTI common stock or its cash equivalent, as determined at the time of settlement by WTI.
F2 The performance criteria was certified to have been met on March 8, 2022; therefore the earned stock units will vest on October 1, 2023 subject to continued employment on that date.

Remarks:

Vice President, General Counsel and Corporate Secretary