ENERGY XXI (BERMUDA) LTD 4
4 · ENERGY XXI (BERMUDA) LTD · Filed Aug 14, 2014
Insider Transaction Report
Form 4
SCHILLER JOHN D JR
DirectorChairman and CEO
Transactions
- Award
Performance Units
2014-08-14+331,000→ 331,000 total→ Common Stock (331,000 underlying)
Holdings
- 76,000(indirect: By Energy XXI Deferred Compensation Plan)
Common Stock
- 1,242,718
Common Stock
- 17,767.316(indirect: By 401 (K) Plan)
Common Stock
Footnotes (2)
- [F1]The performance units were awarded under The Energy XXI Services, LLC 2006 Long-Term Incentive Plan.
- [F2]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 $22.48 per share.