Stephen L. Schroeder - Mar 8, 2022 Form 4 Insider Report for W&T OFFSHORE INC (WTI)

Role
SVP & Chief Technical Officer
Signature
/s/ By Shahid Ghauri, attorney-in-fact for Stephen L. Schroeder
Stock symbol
WTI
Transactions as of
Mar 8, 2022
Transactions value $
$0
Form type
4
Date filed
3/10/2022, 03:00 PM
Previous filing
Jan 4, 2022
Next filing
May 31, 2022

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 ShareUnits Award $0 +8.46K $0.00 8.46K Mar 8, 2022 Common Stock 8.46K 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.