Bart P. Hartman III - 05 Jun 2024 Form 4 Insider Report for W&T OFFSHORE INC (WTI)

Role
VP & Chief Accounting Officer
Signature
/s/ Steven Lackey, as attorney-in-fact
Issuer symbol
WTI
Transactions as of
05 Jun 2024
Net transactions value
-$3,105
Form type
4
Filing time
07 Jun 2024, 20:08:57 UTC
Previous filing
03 Jan 2024
Next filing
12 Aug 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 +5,958 +53% 17,207 05 Jun 2024 Direct F1, F2
transaction WTI Common Stock Tax liability $3,105 -1,451 -8.4% $2.14 15,756 05 Jun 2024 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 Restricted Stock Units Options Exercise $0 -5,958 -33% $0.000000 11,917 05 Jun 2024 Common Stock 5,958 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 5, 2024, the reporting person's 5,958 restricted stock units, which were granted on June 5, 2023, vested, and the reporting person received 5,958 shares of common stock. This represents the vesting of the first tranche of the grant.
F2 Each restricted stock 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. Each grant of restricted stock units vests in three installments.

Remarks:

Exhibit 24 - Power of Attorney