William J. Williford - 01 Jan 2025 Form 4 Insider Report for W&T OFFSHORE INC (WTI)

Signature
/s/ Steven Lackey, as attorney-in-fact
Issuer symbol
WTI
Transactions as of
01 Jan 2025
Net transactions value
-$13,355
Form type
4
Filing time
03 Jan 2025, 17:26:23 UTC
Previous filing
12 Aug 2024
Next filing
20 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTI Common Stock Options Exercise +18,016 +9.1% 215,214 01 Jan 2025 Direct F1, F2
transaction WTI Common Stock Tax liability $13,355 -8,045 -3.7% $1.66 207,169 01 Jan 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 -18,016 -100% $0.000000 0 01 Jan 2025 Common Stock 18,016 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 18,016 restricted stock units, which were granted on May 26, 2022, vested, and the reporting person received 18,016 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.