GIBBONS JOHN D 4
4 · W&T OFFSHORE INC · Filed Dec 19, 2017
Insider Transaction Report
Form 4
GIBBONS JOHN D
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2017-12-18$2.60/sh−55,131$143,341→ 420,899 total - Exercise/Conversion
Restricted Stock Units
2017-12-18−201,574→ 0 total→ Common Stock (201,574 underlying) - Exercise/Conversion
Common Stock
2017-12-18+201,574→ 476,030 total - Sale
Common Stock
2017-12-18$2.79/sh−29,000$80,910→ 391,899 total
Footnotes (2)
- [F1]On December 18, 2017, reporting person's 201,574 restricted stock units, which were granted on November 13, 2015, vested, and the reporting person received 201,574 shares of WTI common stock.
- [F2]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.