William J. Williford - 29 Sep 2023 Form 4 Insider Report for W&T OFFSHORE INC (WTI)

Role: EVP & Chief Operating Officer
Signature: /s/ Jonathan Curth, as attorney-in-fact
Issuer symbol: WTI
Transactions as of: 29 Sep 2023
Net transactions value: -$9,018
Form type: 4
Filing time: 03 Oct 2023, 18:58:27 UTC
Previous filing: 07 Jun 2023
Next filing: 03 Jan 2024
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		+8,455	+5.9%		150,781	29 Sep 2023	Direct	F1, F2
transaction	WTI	Common Stock	Tax liability	$9,018	-2,059	-1.4%	$4.38	148,722	29 Sep 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	-8,455	-100%	$0.000000^*	0	29 Sep 2023	Common Stock	8,455		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 8,455 performance share units, which were granted on June 28, 2021, vested, and the reporting person received 8,455 shares of common stock. This 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 without payment one share of WTI stock or its cash equivalent, as determined at the time of settlement by WTI.