Schroeder Stephen L 4
4 · W&T OFFSHORE INC · Filed Dec 19, 2017
Insider Transaction Report
Form 4
Schroeder Stephen L
Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2017-12-18$2.60/sh−35,146$91,380→ 331,446 total - Exercise/Conversion
Restricted Stock Units
2017-12-18−128,503→ 0 total→ Common Stock (128,503 underlying) - Sale
Common Stock
2017-12-18$2.81/sh−18,762$52,721→ 312,684 total - Exercise/Conversion
Common Stock
2017-12-18+128,503→ 366,592 total
Footnotes (3)
- [F1]On December 18, 2017, reporting person's 128,503 restricted stock units, which were granted on June 13, 2015, vested, and the reporting person received 128,503 shares of WTI common stock.
- [F2]The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.81 to $2.82. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]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.