4//SEC Filing
ENERGY XXI (BERMUDA) LTD 4
Accession 0001140361-14-028882
CIK 0001343719operating
Filed
Jul 20, 8:00 PM ET
Accepted
Jul 21, 4:12 PM ET
Size
8.7 KB
Accession
0001140361-14-028882
Insider Transaction Report
Form 4
Marchive Ben
Senior Vice-President, Oper.
Transactions
- Award
Performance Units
2014-07-17+108,000→ 108,000 total→ Common Stock (108,000 underlying)
Holdings
- 46,660(indirect: By Energy XXI Deferred Compensation Plan)
Common Stock
- 11,369.881(indirect: By 401(k))
Common Stock
- 77,740(indirect: By IRA)
Common Stock
- 127,389
Common Stock
Footnotes (3)
- [F1]Between July 2, 2014 and July 21, 2014, the reporting person acquired 97.474 shares of Energy XXI common stock under the Energy XXI 401 (k) Plan
- [F2]The performance units were awarded under The Energy XXI Services, LLC 2006 Long-Term Incentive Plan.
- [F3]Performance Units vest in equal annual installments on July 17, 2015, 2016 and 2017. The number of units that vest is determined by the Company's relative Total Shareholder Return (TSR) performance measured against an identified peer group, which may range from 0% to 200%. The initial EXXI stock price used in determining the relative performance is $21.72 per share.
Documents
Issuer
ENERGY XXI (BERMUDA) LTD
CIK 0001343719
Entity typeoperating
IncorporatedBermuda
Related Parties
1- filerCIK 0001343719
Filing Metadata
- Form type
- 4
- Filed
- Jul 20, 8:00 PM ET
- Accepted
- Jul 21, 4:12 PM ET
- Size
- 8.7 KB