4//SEC Filing
ENERGY XXI (BERMUDA) LTD 4
Accession 0001140361-14-029142
CIK 0001343719operating
Filed
Jul 22, 8:00 PM ET
Accepted
Jul 23, 5:16 PM ET
Size
21.6 KB
Accession
0001140361-14-029142
Insider Transaction Report
Form 4
Reid Todd
Sr VP, Marketing & Risk Mgmt
Transactions
- Other
Performance Units
2014-07-21−60,042→ 0 total→ Common Stock (60,042 underlying) - Other
Common Stock
2014-07-21−483→ 58,094 total - Other
Performance Units
2014-07-21−111,000→ 222,000 total→ Common Stock (111,000 underlying) - Other
Common Stock
2014-07-21−676→ 59,890 total - Other
Common Stock
2014-07-21+3,266→ 63,156 total - Other
Common Stock
2014-07-21−893→ 62,263 total - Other
Common Stock
2014-07-21+1,767→ 58,577 total - Other
Common Stock
2014-07-21+2,472→ 60,566 total - Other
Performance Units
2014-07-21−84,000→ 84,000 total→ Common Stock (84,000 underlying)
Holdings
- 5,000(indirect: By EXXI Deferred Compensation Plan)
Common Stock
- 1,200(indirect: By Trust)
Common Stock
- 7,181.8(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Represents vesting of the last one-third of Mr. Reid's performance units granted on July 21, 2011. Mr. Reid 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. Reid. The 483 shares withheld had a value equal to the tax liability.
- [F2]Represents vesting of the second one-third of Mr. Reid's performance units granted on July 21, 2012. Mr. Reid 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. Reid. The 676 shares withheld had a value equal to the tax liability.
- [F3]Represents vesting of the first one-third of Mr. Reid's performance units granted on July 21, 2013. Mr. Reid 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. Reid. The 893 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, 5:16 PM ET
- Size
- 21.6 KB