ENERGY XXI (BERMUDA) LTD 4

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

Form 4

Period: 2014-07-21

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

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

1 file