Bart P. Hartman III - Jan 1, 2025 Form 4 Insider Report for W&T OFFSHORE INC (WTI)

Role
VP & Chief Accounting Officer
Signature
/s/ Steven Lackey, as attorney-in-fact
Stock symbol
WTI
Transactions as of
Jan 1, 2025
Transactions value $
-$2,005
Form type
4
Date filed
1/3/2025, 05:23 PM
Previous filing
Aug 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTI Common Stock Options Exercise +4.07K +26.74% 19.3K Jan 1, 2025 Direct F1, F2, F3
transaction WTI Common Stock Tax liability -$2.01K -1.21K -6.26% $1.66 18.1K Jan 1, 2025 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 -4.07K -100% $0.00 0 Jan 1, 2025 Common Stock 4.07K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 1, 2025, the reporting person's 4,074 restricted stock units, which were granted on May 26, 2022, vested, and the reporting person received 4,074 shares of common stock. This represents the vesting of the final 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.
F3 Due to an inadvertent administrative oversight and not any error of the reporting person, the amount of securities beneficially owned by the reporting person was previously overstated by 518 shares of common stock. The total has been corrected in this Form 4.