W&T OFFSHORE INC 4
4 · W&T OFFSHORE INC · Filed Dec 17, 2015
Insider Transaction Report
Form 4
Murphy Thomas P.
SVP & Chief Operations Officer
Transactions
- Exercise/Conversion
RESTRICTED STOCK UNITS
2015-12-15−44,770→ 0 total→ Common Stock (44,770 underlying) - Tax Payment
COMMON STOCK
2015-12-15$2.82/sh−12,245$34,531→ 48,563 total - Exercise/Conversion
COMMON STOCK
2015-12-15+44,770→ 60,808 total
Footnotes (2)
- [F1]On December 15, 2015, reporting person's 44,770 restricted stock units, which were granted on June 10, 2013, vested, and the reporting person received 44,770 shares of WTI common stock.
- [F2]Each restricted stock unit represents a contingent right to receive one share of WTI stock or its cash equivalent, as determined at the time of settlement by WTI.