Fox Rick D 4
4 · ENERGY XXI (BERMUDA) LTD · Filed Jul 23, 2012
Insider Transaction Report
Form 4
Fox Rick D
Controller
Transactions
- Other
Common Stock
2012-07-21−1,830→ 17,879 total - Other
Common Stock
2012-07-21+4,318→ 22,197 total - Other
Common Stock
2012-07-21−1,574→ 20,623 total - Other
Common Stock
2012-07-21+5,024→ 19,709 total - Other
Common Stock
2012-07-21+439→ 21,062 total - Other
Common Stock
2012-07-21−160→ 20,902 total - Other
Performance Units
2012-07-21−8,500→ 0 total→ Common Stock (8,500 underlying) - Other
Performance Units
2012-07-21−15,416→ 15,416 total→ Common Stock (15,416 underlying) - Other
Performance Units
2012-07-21−23,333→ 46,667 total→ Common Stock (23,333 underlying)
Holdings
- 5,491(indirect: By 401 (K) Plan)
Common Stock
Footnotes (5)
- [F1]Represents vesting of the last one-third of Mr. Fox's performance units granted on July 21, 2009. Mr. Fox elected to pay a tax liability arising upon vesting of the performance units by having the Issuer withhold shares that would have otherwise been issued to Mr. Fox. The 1,830 shares withheld had a value equal to the tax liability.
- [F2]Represents vesting of the second one-third of Mr. Fox's performance units granted on July 21, 2010. Mr. Fox elected to pay a tax liability arising upon vesting of the performance units by having the Issuer withhold shares that would have otherwise been issued to Mr. Fox. The 1,574 shares withheld had a value equal to the tax liability.
- [F3]Represents vesting of the first one-third of Mr. Fox's performance units granted on July 21, 2011. Mr. Fox elected to pay a tax liability arising upon vesting of the performance units by having the Issuer withhold shares that would have otherwise been issued to Mr. Fox. The 160 shares withheld had a value equal to the tax liability.
- [F4]The performance units were awarded under The Energy XXI Services, LLC 2006 Long-Term Incentive Plan.
- [F5]Between July 1, 2012 and July 21, 2012, the reporting person acquired 19.593 shares of Energy XXI common stock under the Energy XXI 401 (k) Plan.