Energy XXI Ltd 4
4 · Energy XXI Ltd · Filed Nov 13, 2014
Insider Transaction Report
Form 4
Energy XXI LtdEXXI
de Pinho Antonio
Sr. VP, JV, OBO, Technology
Transactions
- Discretionary Transaction
Common Stock
2014-11-13$6.72/sh+8,100$54,432→ 8,100 total(indirect: By IRA) - Discretionary Transaction
Common Stock
2014-11-13$6.68/sh+3,700$24,716→ 6,725.25 total(indirect: By 401(k)) - Award
Restricted Stock Units
2014-11-13+250,000→ 250,000 total→ Common Stock (250,000 underlying)
Holdings
- 18,483
Common Stock
Footnotes (3)
- [F1]In addition to the share purchase above, between August 15, 2014 and November 13, 2014, the reporting person acquired 25.25 shares of Energy XXI common stock under the Energy XXI 401 (k) Plan.
- [F2]The restricted stock units vest over three years. The restricted stock units will vest 50% on November 13, 2016 and 50% on November 13, 2017.
- [F3]The restricted stock units were awarded under The Energy XXI Services, LLC 2006 Long-Term Incentive Plan on November 13, 2014. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock or, at the option of the Issuer, the cash equivalent.