4//SEC Filing
ENERGY XXI (BERMUDA) LTD 4
Accession 0001140361-14-029136
CIK 0001343719operating
Filed
Jul 22, 8:00 PM ET
Accepted
Jul 23, 5:13 PM ET
Size
21.6 KB
Accession
0001140361-14-029136
Insider Transaction Report
Form 4
Marchive Ben
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
- 11,369.881(indirect: By 401(k))
Common Stock
- 46,660(indirect: By Energy XXI Deferred Compensation Plan)
Common Stock
- 77,740(indirect: By IRA)
Common Stock
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
Issuer
ENERGY XXI (BERMUDA) LTD
CIK 0001343719
Entity typeoperating
IncorporatedBermuda
Related Parties
1- filerCIK 0001343719
Filing Metadata
- Form type
- 4
- Filed
- Jul 22, 8:00 PM ET
- Accepted
- Jul 23, 5:13 PM ET
- Size
- 21.6 KB