ENERGY XXI (BERMUDA) LTD 4
4 · ENERGY XXI (BERMUDA) LTD · Filed Jul 23, 2013
Insider Transaction Report
Form 4
Fox Rick D
Controller
Transactions
- Other
Common Stock
2013-07-21−210→ 14,694 total - Other
Performance Units
2013-07-21−15,416→ 0 total→ Common Stock (15,416 underlying) - Other
Performance Units
2013-07-21−25,083→ 50,167 total→ Common Stock (25,083 underlying) - Other
Common Stock
2013-07-21+563→ 14,904 total - Other
Common Stock
2013-07-21+4,318→ 15,626 total - Other
Common Stock
2013-07-21+524→ 14,537 total - Other
Common Stock
2013-07-21−196→ 14,341 total - Other
Common Stock
2013-07-21−1,613→ 14,013 total - Other
Performance Units
2013-07-21−23,333→ 23,333 total→ Common Stock (23,333 underlying)
Holdings
- 6,798.068(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, 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 1,613 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, 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 196 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, 2012. 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 210 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, 2013 and July 22, 2013, the reporting person acquired 332.068 shares of Energy XXI common stock under the Energy XXI 401 (k) Plan.