Sunghee Janet Yang - 01 Jan 2023 Form 4 Insider Report for W&T OFFSHORE INC (WTI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
04 Jan 2023, 17:57:20 UTC
Prior SEC filing
31 May 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jonathan Curth, as attorney-in-fact

Key filing fact

Sunghee Janet Yang filed Form 4 for W&T OFFSHORE INC (WTI) on 04 Jan 2023.

Key facts

  • This page summarizes Sunghee Janet Yang's Form 4 filing for W&T OFFSHORE INC (WTI).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 04 Jan 2023, 17:57.

Change

  • Previous filing in this sequence was filed on 31 May 2022.
  • Current net transaction value: -$58,934.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WTI transaction

Common Stock

Options Exercise

Transaction value
Shares
+8,065
Change %
+12%
Price
Shares after
73,428
Date
01 Jan 2023
Ownership
Direct
Footnotes
F1, F2
WTI transaction

Common Stock

Tax liability

Transaction value
$18,226
Shares
-3,602
Change %
-4.9%
Price
$5.06
Shares after
69,826
Date
01 Jan 2023
Ownership
Direct
WTI transaction

Common Stock

Options Exercise

Transaction value
Shares
+18,017
Change %
+26%
Price
Shares after
87,843
Date
01 Jan 2023
Ownership
Direct
Footnotes
F2, F3
WTI transaction

Common Stock

Tax liability

Transaction value
$40,708
Shares
-8,045
Change %
-9.2%
Price
$5.06
Shares after
79,798
Date
01 Jan 2023
Ownership
Direct
WTI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,101
Date
01 Jan 2023
Ownership
By spouse

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WTI transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-8,065
Change %
-50%
Price
$0.000000
Shares after
8,063
Date
01 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,065
Exercise price
Footnotes
F1, F2
WTI transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-18,017
Change %
-33%
Price
$0.000000
Shares after
36,033
Date
01 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
18,017
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On January 1, 2023, reporting person's 8,065 restricted stock units, which were granted on June 28, 2021, vested, and the reporting person received 8,065 shares of common stock. This represents the vesting of the second tranche of the grant.

Footnote 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.

Footnote F3

On January 1, 2023, reporting person's 18,017 restricted stock units, which were granted on May 26, 2022, vested, and the reporting person received 18,017 shares of common stock. This represents the vesting of the first tranche of the grant.

SEC remarks

Exhibit 24 - Power of Attorney

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