Bart P. Hartman III - Sep 29, 2023 Form 4 Insider Report for W&T OFFSHORE INC (WTI)

Role
VP & Chief Accounting Officer
Signature
/s/ Jonathan Curth, as attorney-in-fact
Stock symbol
WTI
Transactions as of
Sep 29, 2023
Transactions value $
-$2,269
Form type
4
Date filed
10/3/2023, 06:55 PM
Previous filing
Jun 7, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTI Common Stock Options Exercise +2.13K +44.09% 6.95K Sep 29, 2023 Direct F1, F2
transaction WTI Common Stock Tax liability -$2.27K -518 -7.46% $4.38 6.43K Sep 29, 2023 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 Performance Share Units Options Exercise $0 -2.13K -100% $0.00* 0 Sep 29, 2023 Common Stock 2.13K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 29, 2023, the reporting person's 2,126 performance share units, which were granted on June 28, 2021, vested, and the reporting person received 2,126 shares of common stock. The performance criteria was certified to have been met on March 8, 2022, and this represents the vesting of the grant
F2 Each performance share unit represents a contingent right to receive one share of common stock or its cash equivalent, as determined at the time of settlement by WTI.