Stephen L. Schroeder - 28 Jun 2021 Form 4 Insider Report for W&T OFFSHORE INC (WTI)

Role
SVP & Chief Technical Officer
Signature
/s/ By Shahid Ghauri, attorney-in-fact for Stephen L. Schroeder
Issuer symbol
WTI
Transactions as of
28 Jun 2021
Net transactions value
$0
Form type
4
Filing time
30 Jun 2021, 15:52:23 UTC
Next filing
22 Dec 2021
SEC
View on sec.gov

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 +24,193 $0.000000 24,193 28 Jun 2021 Common Stock 24,193 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of WTI common stock or its cash equivalent.
F2 The restricted stock units will vest 1/3 on January 1, 2022, 1/3 on January 1, 2023, and 1/3 on January 1, 2024, in each case, subject to continued service and employment throughout the applicable vesting period.