ENERGY XXI (BERMUDA) LTD 4

4 · ENERGY XXI (BERMUDA) LTD · Filed Jul 23, 2014

Form 4

Period: 2014-07-21

Senior Vice-President, Oper.

Transactions

Other
Common Stock
2014-07-21+3,139→ 131,978 total
Other
Common Stock
2014-07-21−1,765→ 133,182 total
Other
Performance Units
2014-07-21−106,667→ 106,666 total
→ Common Stock (106,667 underlying)
Other
Performance Units
2014-07-21−84,000→ 0 total
→ Common Stock (84,000 underlying)
Other
Common Stock
2014-07-21−1,022→ 128,839 total
Other
Common Stock
2014-07-21+2,472→ 129,861 total
Other
Common Stock
2014-07-21−1,298→ 130,680 total
Other
Common Stock
2014-07-21+4,267→ 134,947 total
Other
Performance Units
2014-07-21−145,000→ 290,000 total
→ Common Stock (145,000 underlying)

Holdings

Footnotes (4)

[F1]Represents vesting of the last one-third of Mr. Marchive's performance units granted on July 21, 2011. Mr. Marchive 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. Marchive. The 1,022 shares withheld had a value equal to the tax liability.
[F2]Represents vesting of the second one-third of Mr. Marchive's performance units granted on July 21, 2012. Mr. Marchive 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. Marchive. The 1,298 shares withheld had a value equal to the tax liability.
[F3]Represents vesting of the first one-third of Mr. Marchive's performance units granted on July 21, 2013. Mr. Marchive 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. Marchive. The 1,765 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.

Documents

1 file