Nancy T. Chang - Jun 14, 2024 Form 4 Insider Report for W&T OFFSHORE INC (WTI)

Role
Director
Signature
/s/ Steven Lackey, as attorney-in-fact
Stock symbol
WTI
Transactions as of
Jun 14, 2024
Transactions value $
$0
Form type
4
Date filed
6/18/2024, 04:49 PM
Previous filing
Jul 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTI Common Stock Options Exercise +38.8K 38.8K Jun 17, 2024 Direct F1, F2

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 Award $0 +73.9K $0.00 73.9K Jun 14, 2024 Common Stock 73.9K Direct F2, F3
transaction WTI Restricted Stock Units Options Exercise $0 -38.8K -100% $0.00* 0 Jun 17, 2024 Common Stock 38.8K 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 17, 2024, the reporting person's 38,760 restricted stock units, which were granted on July 3, 2023, vested, and the reporting person received 38,760 shares of common stock.
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.
F3 The restricted stock units will vest on the earlier of June 14, 2025, or the date of WTI's next annual shareholder meeting, subject to certain conditions.

Remarks:

Exhibit 24 - Power of Attorney