W&T OFFSHORE INC 4
4 · W&T OFFSHORE INC · Filed Nov 16, 2015
Insider Transaction Report
Form 4
Murphy Thomas P.
SVP & Chief Operations Officer
Transactions
- Award
RESTRICTED STOCK UNITS
2015-11-13+166,126→ 166,126 total→ Common Stock (166,126 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of WTI common stock or its cash equivalent, as determined at the time of settlement by WTI.
- [F2]The vesting of the restricted stock units is subject to service and performance conditions during calendar year 2015 and a service condition thereafter until December 15, 2017. If these conditions are met, then the restricted stock units will vest on December 15, 2017. The number of restricted stock units eligible for vesting is subject to adjustment to reflect the achievement of performance goals by the reporting person during the applicable performance period.