W&T OFFSHORE INC 4
4 · W&T OFFSHORE INC · Filed Dec 17, 2014
Insider Transaction Report
Form 4
Murphy Thomas P.
SVP & Chief Operations Officer
Transactions
- Tax Payment
COMMON STOCK
2014-12-15$5.49/sh−3,684$20,225→ 9,786 total - Exercise/Conversion
COMMON STOCK
2014-12-15+13,470→ 13,470 total - Exercise/Conversion
RESTRICTED STOCK UNITS
2014-12-15−13,470→ 0 total→ Common Stock (13,470 underlying)
Footnotes (2)
- [F1]On December 15, 2014, 13,470 of the reporting person's 36,903 restricted stock units, which were granted on June 26, 2012, vested, and the reporting person received 13,470 shares of WTI common stock.
- [F2]Each restricted stock unit represents a contingent right to receive one share of WTI stock or its cash equivalent, as determined at the time of settlement by WTI.