Energy XXI Ltd 4
4 · Energy XXI Ltd · Filed Sep 4, 2015
Insider Transaction Report
Form 4
Energy XXI LtdEXXI
de Pinho Antonio
Sr. VP, JV, OBO, Technology
Transactions
- Other
Restricted Stock Units
2015-09-04−3,333→ 0 total→ Common Stock (3,333 underlying)
Holdings
- 18,483
Common Stock
- 8,100(indirect: By IRA)
Common Stock
- 6,725.25(indirect: By 401 (K) Plan)
Common Stock
Footnotes (2)
- [F1]Represents vesting of the last one-third of Mr. de Pinho's restricted stock units granted on September 4, 2012.
- [F2]The restricted stock units were awarded under The Energy XXI Services, LLC 2006 Long-Term Incentive Plan on September 4, 2012. 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. The Issuer offered Mr. de Pinho the cash equivalent of the 3,333 restricted stock units vesting on September 4, 2015, which Mr. de Pinho accepted.