Parasnis Sameer 4
4 · W&T OFFSHORE INC · Filed Jul 8, 2024
Insider Transaction Report
Form 4
Parasnis Sameer
EVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2024-07-03+22,685→ 22,685 total - Tax Payment
Common Stock
2024-07-03$2.27/sh−8,927$20,264→ 13,758 total - Exercise/Conversion
Restricted Stock Units
2024-07-03−22,685→ 45,370 total→ Common Stock (22,685 underlying)
Footnotes (2)
- [F1]On July 3, 2024, the reporting person's 22,685 restricted stock units, which were granted on July 3, 2023, vested, and the reporting person received 22,685 shares of common stock. This represents the vesting of the first tranche of the grant.
- [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.