Bart P. Hartman III - May 5, 2022 Form 3 Insider Report for W&T OFFSHORE INC (WTI)

Role
VP and CAO
Signature
/s/ Nadege Assale, as attorney-in-fact
Stock symbol
WTI
Transactions as of
May 5, 2022
Transactions value $
$0
Form type
3
Date filed
5/9/2022, 06:45 PM
Next filing
May 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WTI Common Stock 1.44K May 5, 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
holding WTI Restricted Stock Units May 5, 2022 Common Stock 4.08K Direct F1, F3
holding WTI Performance Share Units May 5, 2022 Common Stock 2.13K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units which were granted on June 28, 2021 will vest as follows: 2,042 on January 1, 2023 and 2,041 shares on January 1, 2024. In each case, these are subject to continued service and employment throughout the applicable vesting period.
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.
F3 Each restricted stock unit and performance share 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:

Exhibit 24 - Power of Attorney